On November 10th 2010, Dundee Venture Capital officially announced its founding in Omaha with the launch of its website, dundeeventurecapital.com. Dundee Venture Capital was officially founded last month by Mark Hasebroock, one of the three co-founders of Omaha-based Hayneedle. In an interview Danny Schreiber asked the founder Mark Hasebroock the focus of Dundee VC? He had this to say:
Our focus is $10,000 to $500,000 investments in e-commerce or software solutions. I know, that’s pretty broad. But the capital needs vary as much as the ideas. Some are later stage and growing like a weed and need capital for engineers and a sales team. Others are just out of beta and need capital for testing.