Harvest Power, a producer of renewable energy from organic waste, attained $51.7 million series B financing, in a round led by Generation Investment Management, the companies announced today.
The London-based fund was started by Nobel prize winner Al Gore and the former CEO of Goldman Sachs Asset Management, David Blood. DAG Ventures and Keating Capital also invested alongside Harvest Power’s… → Read More
Online ticket seller Eventbrite raised a $20 million round of funding from DAG Ventures, Sequioa Capital, and Tenaya Capital (formerly Lehman Brothers Venture Partners). DAG led the round (Sequioa led the last one). The D round is twice the amount of capital as all three previous rounds combined, bringing the total raised bey the company to $29.5 million.
CEO Kevin Hartz tells me he still had… → Read More
Aggregate Knowledge, a provider of display ad optimization solutions, has closed a Series C financing round of $9 million led by OVP Venture Partners. Also participating in the round are Kleiner Perkins Caufield and Byers, DAG Ventures, and original existing angels.
The San Mateo, CA company markets a platform, which it says is patent-pending, that provides marketers and agencies with tools that… → Read More
Clarizen, provider of online work and project management software, has secured $8 million more in a Series C round of venture capital funding led by DAG Ventures, Benchmark Capital and Carmel Ventures. The total amount of venture capital invested in the company, which was founded in 2005, now totals $24 million.
Do venture investors with the biggest and best networks end up producing the best returns? An academic paper from a few years ago by Yael Hochberg, Alexander Ljungqvist, and Yang Lu titled “Whom You Know Matters: Venture Capital Networks and Investment Performance” (embedded at the bottom of this post) suggests that is the case. They looked at historic venture returns and found that… → Read More