# Dain Rauscher Wessels

> Dain Rauscher Wessels is a VC fund backing Software. See 23 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Minneapolis, United States
- Total investments: 23
- Last investment: Feb 2002
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.dainrauscher.com/

Dain Rauscher Wessels is a VC fund in Minneapolis focused on Software and Information Technology. Dain Rauscher Wessels was a brokerage and investment banking firm based in Minneapolis, Minnesota.

## Contacts

5 contacts available for Dain Rauscher Wessels. Shizune tracks 1 team members at Dain Rauscher Wessels. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/dain-rauscher-wessels?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series B | $8.4M–$40M |
| Series C | $24M–$102M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 8 | 35% |
| Information Technology | 6 | 26% |
| Internet | 5 | 22% |
| E-Commerce | 3 | 13% |
| VoIP | 2 | 9% |

48 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series C | 7 | 30% |
| Series B | 6 | 26% |
| Funding Round | 6 | 26% |
| Series D | 2 | 9% |
| Series H | 1 | 4% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 21 | 91% |
| South Africa | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Francis Egan | Senior Vice President | 0 | https://shizune.co/investors/profile/francis-egan |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| PowerDsine | Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor and system solutions for communications, defense & security, aerospace and industrial markets. Products include high-performance, radiation-hardened and highly reliable analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products;timing and voice processing devices; RF solutions; discrete components; security technologies and scalable anti-tamper products; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, Calif., and has approximately 3,000 employees globally. | $30M | Series H | Feb 01, 2002 |  |
| ShoreTel | ShoreTel is a Sunnyvale, Calif. a seller of IP telecom systems to large businesses. ShoreTel, Inc., together with its subsidiaries, engages in the development and sale of Internet protocol (IP) communications systems for enterprises in the United States and internationally. The company’s systems are based on its distributed softwarearchitecture and switch-based hardware platform that enable multi-site enterprises to be served by a single telecommunications system. Its solutions include ShoreTel IP Phones; ShoreTel Voice Switches; ShoreTel Service Appliances; ShoreTel Director, which enables IT administrators to view and manage the entire system of the enterprise from any location using a single application; Unified Messaging solutions that enables users to obtain voice mail messages from various devices; Automated Attendant, which enables the enterprise to direct callers to appropriate individuals, workgroups, or messages; and Small Business Edition solution for smaller enterprises. The company also provides ShoreTel Communicator, which enables the integration of IP telephony solutions with instant messaging, desktop collaboration, and video; Microsoft Integration; ShoreTel Contact Center that enables organizations to route incoming contacts to appropriate agent in a multisite contact center; and ShoreTel Mobility for smartphone users that allows the user to communicate from any location, including office, home, or through Wi-Fi hotspots. In addition, it offers custom application development, integration, and implementation services for businesses; and post-contractual support, training, system design and installation, and professional services. The company sells its products to small, medium, and large companies, as well as public institutions in various markets, including the professional services, financial services, government, education, healthcare, manufacturing, non-profit organization, and technology through a network of distributors. ShoreTel, Inc. was founded in 1996 and is headquartered in Sunnyvale, California. | $30M |  | Jun 25, 2001 |  |
| Chameleon Systems | Chameleon Systems is a privately held fabless semiconductor company that designs, markets and sells programmable system-on-a-chip solutions for the communications electronics markets. Headquartered in San Jose, California, the company has developed the industry´s first reconfigurable communications processor (RCP)--an ideal solution fordata-intensive Internet, DSP, wireless basestations, voice compression, software-defined radio, and other high-performance embedded telecom and datacom applications. The Chameleon RCP solution allows data and telecom equipment vendors to create customized communications signal processors to increase performance and channel count, more quickly adapt to new requirements and standards, reduce time-to-market, lower development costs and reduce risk. | $47M | Series C | Feb 05, 2001 |  |
| Iospan Wireless | Iospan Wireless is an Internet infrastruture company. Specifically the firm provides customers with mass broadband services through their main product the MIMO-OFDM-enabled AirBurst. | $47M | Series C | Jan 15, 2001 |  |
| Spike Broadband Systems | Spike Broadband Systems is a provider of carrier-grade and fixed wireless services. | $47M |  | Nov 14, 2000 |  |
| Pluris | Pluris is defining the next-generation IP core infrastructure. The Teraplex architecture's scalability, fault-tolerance, and performance deliver service providers a future free of forklift upgrades. | $100M | Series D | Nov 09, 2000 |  |
| Lara Networks | Lara Technology is a fabless semiconductor manufacturer that designs, develops and markets memory-intensive ASICs for the networking and communications industries. | $40M | Series B | Oct 23, 2000 |  |
| Adexa | Founded in 1994 by Dr. Cyrus Hadavi, who continues to serve the company as CEO and Chairman of the Board. Adexa has been the most innovative company in offering planning solutions that significantly improve the supply chains of many Fortune 1000 manufacturing companies in five continents for over 2 decades. Adexa’s comprehensive planning solutionsextend S&OP both horizontally and vertically such that high level plans are gradually and seamlessly converted to actual execution. Adexa’s unified data model allows modeling of the supply chain at the highest network level and/or as detailed as the equipment level to optimize production. No matter at what level you use Adexa’s planning solutions, financial metrics are displayed to show the financial ramifications of your operational decisions. From demand planning to network planning and multi Echelon inventory optimization to factory planning and even sequencing, all in one integrated environment, Adexa enables accurate modeling of the supply chain to the extent that each plan that is produced is 100% executable.Adexa’s Attribute Based Planning allows user-defined dynamic constraints and significantly enhances the speed of runs by orders of magnitude. Incremental planning and response planning as well as ATP/CTP are performed in sub-seconds. Ability to plan and execute flawlessly (i.e. S&OP and S&OE) is a unique feature of Adexa that Gartner defines as the 5th or the highest stage of Supply Chain Maturity. In addition to offering the most comprehensive planning solutions, Adexa has recently added Machine Learning and AI techniques in order to make its planning solutions to evolve to become Self-Correcting Supply Chain Planning® such that the system detects the underlying trends in the supply chain and automatically adjusts the model and the decisions made. This approach enables the supply chains to become much more risk-resilient and detect issues far ahead of time avoiding unnecessary risks which would otherwise be inevitable.Headquartered in Los Angeles, California, Adexa has international offices across Canada, Asia, Europe, Middle East and Africa. Adexa’s global customer base includes hundreds of industry leaders including; General Motors, Hitachi, Johnson & Johnson, Seagate, Hanes, Maytag, Philips, Morton Salt, Boehringer Ingleheim, Siemens, Boeing, Unilever, Schlumberger, Boeing, Panasonic, Toshiba, TSMC, Sharp Rainbow Chicken, and AMD. | $20M | Private Equity | Aug 28, 2000 |  |
| BondDesk | BondDesk Group LLC is the nation’s largest retail bond trading venue, providing enterprise-wide fixed income solutions to many of the top broker-dealers in North America.Through the BondDesk Alternative Trading System (ATS) run by broker-dealer subsidiary BondDesk Trading LLC, clients access 100,000 live offerings and execute over 20,000transactions per day.Traders, Financial Advisors, and Individual Investors access commingled inventory from more than 175 broker-dealers through a contributor/distributor model.BondDesk fixed-income software solutions provide their clients with an arsenal of advanced products, delivering comprehensive analytics and decision-support tools directly to their desktops.The BondWorks Fixed Income Wealth Management Platform, their latest generation advisor workstation, has set new standards in the industry. BondWorks features an intuitive design that enables light users of fixed income to easily and confidently find bonds and place trades, while its advanced search engine and sophisticated analytics appeals to sophisticated fixed income producers. |  |  | Aug 10, 2000 |  |
| Verbind | Verbind is the leading supplier of real-time eMarketing solutions that empower firms to target customers, deliver messages, and build long-lasting profitable relationships with their customers. The end results are collaborative one-to-one personal interactive relationships on the basis of individual patterns of behavior. Verbind's real-timesolution produces the most complete and timely information for targeting who, what and when to communicate most effectively. By synthesizing and evaluating offline and online interactions, monitoring activity and non-activity, and automatically sending messages when they are most relevant, companies are able to not only track when customer behavioral trends reveal business opportunities and threats, but are also able to reach the right customer with the right message at the right time. That means messages are automatically delivered when the window of opportunity opens, not after it's shut. Even if that window is open for only an instant. This solution helps marketers manage and maximize the lifetime value of each customer, by developing personal relationships with customers who communicate with them through historically impersonal means, such as via the Internet and call centers. | $35M | Series C | Aug 02, 2000 |  |

10 of 23 investments shown.

## Co-investors
- [Information Technology Ventures](https://shizune.co/investors/profile/information-technology-ventures) — VC Fund, 4 deals together
- [Commonwealth Capital Ventures](https://shizune.co/investors/profile/commonwealth-capital-ventures) — VC Fund, 3 deals together
- [DRW Venture Partners](https://shizune.co/investors/profile/drw-venture-partners-2) — VC Fund, 3 deals together
- [JP Morgan](https://shizune.co/investors/profile/jp-morgan-chase) — VC Fund, 3 deals together
- [Morgenthaler Ventures](https://shizune.co/investors/profile/morgenthaler-ventures) — VC Fund, 3 deals together
- [Piper Sandler](https://shizune.co/investors/profile/piper-jaffray) — VC Fund, 3 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [SV Angel](https://shizune.co/investors/profile/sv-angel) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund

### Similar stage
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund

### Similar country
- [Launch Africa](https://shizune.co/investors/profile/launch-africa) — VC Fund
- [Knife Capital](https://shizune.co/investors/profile/knife-capital) — VC Fund
- [4Di Capital](https://shizune.co/investors/profile/4di-capital) — VC Fund

## Featured in investor lists
- [Transportation VC Funds in South Africa](https://shizune.co/investors/transportation-vc-funds-south-africa)
- [Media (entertainment) Investors in South Africa](https://shizune.co/investors/media-entertainment-investors-south-africa)
- [Media (entertainment) Investors in South Africa](https://shizune.co/investors/media-entertainment-investors-south-africa)
- [Media (entertainment) VC Funds in Africa](https://shizune.co/investors/media-entertainment-vc-funds-africa)

## FAQ

### What does Dain Rauscher Wessels invest in?

Dain Rauscher Wessels invests primarily in Software, Information Technology and Internet startups, most often at Series C and Series B stage. Most of the 23 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Dain Rauscher Wessels's check size?

Dain Rauscher Wessels typically joins rounds of $8.4M–$40M at Series B and $24M–$102M at Series C. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Dain Rauscher Wessels participates in.

### How do I contact Dain Rauscher Wessels?

Public channels for Dain Rauscher Wessels include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Dain Rauscher Wessels?

The team at Dain Rauscher Wessels includes Francis Egan (Senior Vice President). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co