DN Capital
DN Capital is an international venture capital firm headquartered in London that invests in technology companies.[1][2][3][4] It was founded in 2000 by Nenad Marovac and Steve Schlenker, two Harvard Business School classmates.[5][6][7]
Private | |
Industry | Venture capital |
Founded | 2000 |
Headquarters | London |
Products | Venture capital, growth capital |
Total assets | $500 million |
Website | www.dncapital.com |
Investments and exits
DN Capital has raised approximately $500 million.[8] Among other roles, the firm looks to help US companies enter the European market.[8]
The firm's notable exits include:
- Shazam (acquired by Apple for approximately $400 million)[3]
- Datanomic (acquired by Oracle)[9]
- Quandoo (acquired by Japan's Recruit Holdings for $219 million)[10]
- Kana (acquired by Verint Systems for $514 million)[11]
- Apsmart (acquired by Thomson Reuters)[12]
- Endeca (acquired by Oracle for $1.1 billion)[13]
- Purplebricks (LSE: PURP)[14]
Awards
DN Capital was awarded the Best Venture Fund of the Year at the 7th annual Private Equity Exchange Awards in Paris in 2016.[15] Nenad Marovac was awarded the Investor of the Year award at the 14th annual Investor Allstars Awards in London in 2016.[16] In 2017 DN Capital featured as one of the top performing Europe-based venture capital funds in the Preqin awards.[17]
References
- "DN Capital raises €200m to back tech start-ups despite Brexit". FT. January 24, 2018.
- "European VC firm DN Capital closes new €200M fund to invest at seed and Series A stage". TechCrunch. January 24, 2018.
- "Shazam investor DN Capital has raised €200 million for its new fund". Business Insider. January 24, 2018.
- "DN Capital raises $247 million fund for early-stage startups in Europe and the U.S." VentureBeat. January 24, 2018.
- "DLC Conference Speaker: Nenad Morovac".
- "Meet the investor: Steve Schlenker, DN Capital". Startups. January 26, 2017.
- "Stanford Mentor Overview: Steve Schlenker, DN Capital" (PDF).
- "REFILE: European stand-out venture fund DN raises new 200mln euro fund". Reuters. January 24, 2018.
- "UK's Datanomic acquired by Oracle". TechCrunch. April 14, 2011.
- "Japan's Recruit Buys European Restaurant Booking Service Quandoo For $219M". TechCrunch. Retrieved 2020-05-29.
- "Verint to acquire kana software for $514 million". The Economic Times. 2014-01-07. Retrieved 2020-05-29.
- "Thomson Reuters Acquires Mobile Startup Apsmart To Re-invigorate Its Mobile Products". TechCrunch. June 8, 2012.
- "Oracle's Endeca acquisition to cost $1.1 billion". Boston Business Journal. October 24, 2011.
- "DN Capital Exits Purplebricks". FINSMES. September 19, 2016.
- "DN Capital, Interview With Founder Nenad Marovac". FINSMES. December 14, 2016.
- "Investor Allstars: Investor of the Year 2016 Award Winners".
- "Ranking the Top Angel and Venture Capital Fund Managers (Part II)".