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	<title>Xconomy &#187; dace</title>
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	<pubDate>Fri, 10 Feb 2012 21:45:27 +0000</pubDate>
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		<title>Dace Ventures Closes $70 Million Fund</title>
		<link>http://www.xconomy.com/boston/2007/10/29/dace-ventures-closes-70-million-fund/</link>
		<pubDate>Mon, 29 Oct 2007 14:47:08 +0000</pubDate>
		<dc:creator>Wade Roush</dc:creator>
				<category><![CDATA[Boston briefs]]></category>
		<category><![CDATA[VC]]></category>
		<category><![CDATA[dace]]></category>
		<category><![CDATA[waltham]]></category>
		<category><![CDATA[auctionPal]]></category>
		<category><![CDATA[CityVoter]]></category>
		<category><![CDATA[Panraven]]></category>
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		<category><![CDATA[Dace Ventures]]></category>

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		<description><![CDATA[Waltham, MA-based Dace Ventures, founded by former CMGI President and COO Dave Andonian, announced the closing today of its initial investment fund of over $70 million. The firm focuses on digital media, consumer marketing and mobile services companies whose products are approaching mass commercialization. Its portfolio companies include auctionPAL, CityVoter, Panraven, LocaModa, and (just announced [...]]]></description>
			<content:encoded><![CDATA[ 
		 
		<strong>Wade Roush</strong>
		<p>Waltham, MA-based <a href="http://www.daceventures.com" target="_blank">Dace Ventures</a>, founded by former CMGI President and COO Dave Andonian, <a href="http://www.daceventures.com/dace_release102907.html">announced</a> the closing today of its initial investment fund of over $70 million. The firm focuses on digital media, consumer marketing and mobile services companies whose products are approaching mass commercialization. Its portfolio companies include <a href="http://www.auctionpal.com/">auctionPAL</a>, <a href="http://corp.cityvoter.com/">CityVoter</a>, <a href="http://www.panraven.com">Panraven</a>, <a href="http://www.locamoda.com" target="_blank">LocaModa</a>, and (just announced today) <a href="http://www.vitrue.com" target="_blank">Vitrue</a>.</p>
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