Dabble DB, latest social app to get funding
 |
Canadian venture firm Ventures West has led an investment into Dabble DB, the Vancouver company that lets you build business and financial applications on the fly.
It is coming out of testing mode today, and announcing it has — get this — some paying customers.
Dabble DB lets you cobble together group spreadsheets, custom databases, and intranet web applications; a good early review is here.
Paul Kedrosky, a venture investor at the firm, told us yesterday about the news. He calls it the “first true Enterprise Web 2.0” company, referring to the fact that it is selling a product to big companies (as opposed to simply tickling the fancy of geek masses). Kedrosky writes one of the more provocative venture blogs, called Infectious Greed; we will add him to our growing blogroll. He is joining Dabble’s board.
Amount of the round was undisclosed, though Om pegs the round at $2 million.
Next Story: Farecast, the airfare prediction company, can save you $$
Previous Story: Is Jajah really cool, or really lame? Offers free phone calls, maybe
About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
