Mint.com rakes in $14 Million in third round of funding
Personal finance site Mint.com raked in another $14 million in funding, bringing its total to $31 million. The round was led by DAG Ventures, with new financing from Founders Fund and a top-up from existing investors Benchmark Capital, Shasta Ventures, First Round Capital and Sherpalo.
Although the valuation wasn’t released, “it is a decidedly up-round” and it was “pre-emptive,” meaning Mint.com didn’t raise the funding because it was running out of cash. The company now has… Continue Reading
Indian travel site Cleartrip raises $8M from DAG Ventures — because DAG can react within 48 hours
DAG Ventures has led an $8 million second round of funding for Indian travel site Cleartrip, VentureWire reports today (sub required).
Together with its previous $3 million from Google founding investor Ram Shriram, and Kleiner Perkins, Cleartrip has now raised close to the same as its competitors.
Travelguru just raised $15 million, and MakeMyTrip is reportedly about to raise double digit millions too.
DAG has made a string of investments in other Kleiner-backed companies lately.
Kleiner Perkins… Continue Reading