DAG Ventures

POINT SECURES $115 MILLION IN SERIES C FUNDING TO SCALE HOME EQUITY PLATFORM AND EXPAND FOOTPRINT

Retrieved on: 
Tuesday, May 3, 2022

PALO ALTO, Calif., May 3, 2022 /PRNewswire/ -- Point, a fintech company and home equity platform that provides homeowners access to equity financing in exchange for a fractional share of the future value of their homes, has secured $115 million in additional funding to accelerate company growth. Point's Series C fundraise was led by WestCap, with participation from other existing investors Andreessen Horowitz, Ribbit Capital, Redwood Trust, Atalaya Capital Management, and DAG Ventures. New investors include Deer Park Road Management, The Palisades Group, and Alpaca VC.

Key Points: 
  • Point has experienced rapid growth, with Q1 2022 funding volume up more than 5x YoY.
  • "We've built strong momentum at Point and we welcome this vote of confidence from premier equity investors in our continued success," said Eddie Lim, CEO and Co-Founder of Point.
  • The $115 million funding allows Point to scale its home equity platform while extending its execution and distribution advantages.
  • To date, Point has raised over $170 million in equity capital.

Clickatell, a Global Leader in Chat Commerce, Secures $91 Million in Oversubscribed Series C Funding for US Expansion and Product Acceleration

Retrieved on: 
Tuesday, February 22, 2022

REDWOOD CITY, Calif., Feb. 22, 2022 /PRNewswire/ -- Clickatell, the CPaaS innovator and Chat Commerce leader, today announces it has secured $91 million in their Series C round. This round was led by Arrowroot Capital, with participation from Kennedy Lewis Investment Management, Endeavor Global and Harvest.

Key Points: 
  • Clickatell's platform has been recognized as a global leader in powering mobile messaging / CPaaS (Communications Platform as a Service) and payments within chat.
  • Clickatell's low / no-code, feature-rich Chat Commerce orchestration capability includes assisted (chat desk) and unassisted (bots) chat and secure payments capability in its recently launched Chat 2 Pay offering.
  • We're delighted to support them on their way to becoming the category-defining, global leader in Chat Commerce."
  • Clickatell is the global Chat Commerce leader powering businesses to connect, interact, and transact with consumers anytime, anywhere in chat.

Clickatell, a Global Leader in Chat Commerce, Secures $91 Million in Oversubscribed Series C Funding for US Expansion and Product Acceleration

Retrieved on: 
Tuesday, February 22, 2022

REDWOOD CITY, Calif., Feb. 22, 2022 /PRNewswire/ -- Clickatell, the CPaaS innovator and Chat Commerce leader, today announces it has secured $91 million in their Series C round. This round was led by Arrowroot Capital, with participation from Kennedy Lewis Investment Management, Endeavor Global and Harvest.

Key Points: 
  • Clickatell's platform has been recognized as a global leader in powering mobile messaging / CPaaS (Communications Platform as a Service) and payments within chat.
  • Clickatell's low / no-code, feature-rich Chat Commerce orchestration capability includes assisted (chat desk) and unassisted (bots) chat and secure payments capability in its recently launched Chat 2 Pay offering.
  • We're delighted to support them on their way to becoming the category-defining, global leader in Chat Commerce."
  • Clickatell is the global Chat Commerce leader powering businesses to connect, interact, and transact with consumers anytime, anywhere in chat.

Pavilion Data Raises $45 Million to Expand Its Platform for Accelerating Data Analytics

Retrieved on: 
Thursday, January 20, 2022

Pavilion Data Systems raised a $45 million round led by Kleiner Perkins and Artiman Ventures.

Key Points: 
  • Pavilion Data Systems raised a $45 million round led by Kleiner Perkins and Artiman Ventures.
  • Pavilion's total outside capital investment increased to $107 million after the $45 million round led by Kleiner Perkins and Artiman Ventures.
  • Pavilion provides the data analytics acceleration platform enabling enterprises to derive greater value from their datafaster, simpler, and at scale.
  • The Pavilion HyperParallel Data Platform, powered by Pavilion HyperOS, delivers unmatched performance and density, ultra-low latency, unlimited scalability, and flexibility, providing customers unprecedented choice and control.

Solv Raises $45M in Series C Funding to Accelerate Growth of its National Network of Providers, Leading the Way for Consumer-Driven and Digital-First Healthcare

Retrieved on: 
Thursday, September 2, 2021

The funding will support the companys expansion of its national network of healthcare providers, consumer-driven healthcare offerings like same-day in person appointments and virtual care, and increased cost transparency for patients.

Key Points: 
  • The funding will support the companys expansion of its national network of healthcare providers, consumer-driven healthcare offerings like same-day in person appointments and virtual care, and increased cost transparency for patients.
  • At Solv, we see an opportunity to push the industry towards a more digital, consumer-focused, and accessible reality, said Solv CEO and co-founder, Heather Fernandez.
  • Just as the financial crisis changed consumer expectations and drove innovation in fintech, we are seeing the same trends in healthcare because of the COVID-19 pandemic.
  • Solvs technology and speed of execution addresses critical needs in healthcare during a time of new and evolving consumer demand."

Numerify Closes $27.5M Funding Round Led By DAG Ventures

Retrieved on: 
Tuesday, October 16, 2018

SAN JOSE, Calif., Oct. 16, 2018 /PRNewswire/ -- Numerify , a provider of AI-powered IT Business Analytics, today announced it closed a $27.5 million funding round led by DAG Ventures, with support from existing investors including Lightspeed Venture Partners, Sequoia Capital, and Tenaya Capital.

Key Points: 
  • SAN JOSE, Calif., Oct. 16, 2018 /PRNewswire/ -- Numerify , a provider of AI-powered IT Business Analytics, today announced it closed a $27.5 million funding round led by DAG Ventures, with support from existing investors including Lightspeed Venture Partners, Sequoia Capital, and Tenaya Capital.
  • As part of the financing, DAG Managing Partner Nick Pianim has joined Numerify's board of directors.
  • The Numerify platform has also continued to expand its technical lead in the market with 20 issued and pending patents.
  • "We have a successful track record of investments in pioneering software companies scaling their market presence," said Nick Pianim, Managing Director of DAG Ventures.