First it was Model N. Then Marin Software. Suddenly 2013 is looking promising for venture-backed enterprise IPOs. This is a good thing for the venture industry’s bottom line.

SAP Ventures is not your typical corporate venture investor. It views its parent company, SAP AG, as an LP rather than a corporate benefactor and raises funds instead of submitting budgets. Six investing directors get carried interest, as they would if they were partners on Sand Hill Road.

Marin Software, a San Francisco-based provider of paid search management applications for advertisers and agencies, has raised $11.2 million in Series D funding. Triangle Peak Partners led the round, and was joined by return backers Amicus Capital, Benchmark Capital, DAG Ventures and Focus Ventures. The company previously raised around $25 million.

Marin Software, a San Francisco-based provider of paid search management applications for advertisers and agencies, has raised $13 million in Series C funding. DAG Ventures led the round, and was joined by Focus Ventures and return backers Amicus Capital and Benchmark Capital. The company had previously raised around $12 million.

Marin Software, a San Francisco-based provider of paid search management applications for advertisers and agencies, has raised $7.25 million in Series B funding led by Benchmark Capital.   PRESS RELEASE   Marin Software, provider of the leading enterprise-class paid search management application for advertisers and agencies, today announced a $7.25 million Series B financing led [...]