Dabble DB Raises $2M
Vancouver-based Dabble DB, which is creating a Web-based database service (aka Excel for Web 2.0), has raised $2-million in private equity from Ventures West (hat tip to Om Malik). It’s not a big surprise Ventures West stepped up given partner Paul Kedrosky singled it out as one of the more interesting Web 2.0 plays during his keynote at the mesh conference in Toronto last month. “Dabble DB already has an impressive list of customers, and it is one of the fastest-growing Internet services I’ve seen,” Kedrosky said. Hopefully, Dabble DB’s ability to raise private equity will encourage other entrepreneurs and VCs in Canada that this Web 2.0 thing is pretty interesting.
Update: On his blog, Kedrosky says Dabble DB is the “first truly Enterprise 2.0 company”. (Note: Kedrosky would be wise to trademark “Enterprise 2.0″ before Tim O’Reilly’s lawyers get their hands on it.)
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POSTED IN: Venture Capital
1 opinion for Dabble DB Raises $2M
Sean Wise
Jun 27, 2006 at 11:46 pm
Well done Dabble DB, well done Paul, well down VW.
I saw Dabble presnt in the valley at the UNDER THE RADAR conference in March. They won the award for best company, so it is no mistake that funding was coming their way.
Plus the guy are low key, easy to talk to, humble and kick ass tech builders.
It is also good to see more VCs walking up to web 2.0, so far its been Ambient Vector for Celtic and Now Public for Brightspark. Although I know a few more are in the works, it is good to see established funds like Ventures West turning their minds to this.
As for Enterpise 2.0, maybe web 2.0 b2b would be better called “web 2.1″?
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