Draper Fisher Jurvetson (DFJ) is an American venture capital firm. In January 2019, DFJ Venture, the early-stage team, spun out and formed Threshold Ventures.[1] DFJ Growth continues to be managed by co-founder John Fisher and co-founders Mark Bailey, Randy Glein, and Barry Schuler.[2]
Company type | Private ownership |
---|---|
Industry | Venture capital |
Founded | 1985 |
Founder | Tim Draper John H. N. Fisher Steve Jurvetson |
Headquarters | Menlo Park, California, United States |
Products | Investments |
Total assets | $5 billion |
Website | www |
History
editDFJ was founded in 1985 by Tim Draper. John Fisher became a partner in 1991 and Steve Jurvetson joined in 1994.[3][4][5]
In 2013, founding partner Draper announced his departure from future DFJ Venture funds, with John Fisher continuing in his role with DFJ Growth.[6] Draper announced he will continue investing out of an early stage venture fund Draper Associates V and assisting his son in running an incubator.[citation needed]
In November 2017, Jurvetson stepped down from his position at DFJ after allegations of sexual harassment.[7]
DFJ Growth's investments include Anaplan,[8] Coinbase,[9] Cylance,[10] Ring,[11] Sisense,[12] SpaceX,[13] Tesla,[14] Twitter,[14] Unity,[15] and Yammer.[16]
Organization
editDFJ Growth is headquartered in Menlo Park, California, and is currently investing DFJ Growth’s fourth fund of nearly $1 Billion which closed in 2021.[17] DFJ Growth partner Randy Glein has been named to the Forbes Midas List several times, most recently in 2019.[14] He was also named one of the world’s top venture capitalists in 2016, 2017, 2018, and 2019 by the New York Times/CB Insights.[18] Barry Schuler was named to the Forbes Midas List in 2022 and 2023.[19]
Affiliates
editThe DFJ Network was renamed the Draper Venture Network in 2015 and is operated by Tim Draper. [20]
Venture capital investments
edit- Anaplan (2014)
- Coinbase (2014)
- Cylance (2015)
- Ring (company) (2016)
- Sisense (2016)
- SpaceX (2009)
- Tesla,_Inc. (2010)
- Twitter (2008)
- Unity Technologies (2016)
- Yammer (2012)
References
edit- ^ "Venture capital firm Draper Fisher Jurvetson changes its name to Threshold Ventures". Axios. May 13, 2014. Retrieved 2020-01-12.
- ^ "People". DFJ Growth Venture Capital. 2019. Retrieved 2020-01-12.
- ^ TrueBridge Capital (April 15, 2015). "The Investors Behind The Next Billion Dollar Startups". Forbes. Retrieved 2020-01-12.
- ^ Venture firm DFJ denies report that co-founders Tim Draper and John Fisher are on the way out
- ^ Deborah Perry Piscione (April 2, 2013). Secrets of Silicon Valley: What Everyone Else Can Learn from the Innovation Capital of the World. Palgrave Macmillan. pp. 129–. ISBN 978-1-137-32421-4.
- ^ "Exclusive: Tim Draper is leaving DFJ". Fortune. November 19, 2013. Retrieved 2020-01-12.
- ^ Schleifer, Theodore (2017-11-13). "Steve Jurvetson is out at his own venture capital firm after allegations of sexual harassment". Recode. Retrieved 2020-01-12.
- ^ Chowdhury, Ahmed (2014-05-13). "Anaplan Raises $100 Million in Series D Financing Round Led By DFJ Growth". Anaplan. Retrieved 2020-01-12.
- ^ "Coinbase raises $75 million in largest-ever VC round for Bitcoin company". Fortune. January 20, 2015. Retrieved 2020-01-12.
- ^ "Cybersecurity Startup Cylance Raises $42 Million in Series C Round of Funding". Fortune. July 28, 2015. Retrieved 2020-01-12.
- ^ "Connected doorbell startup Ring raises $109 million from DFJ, Goldman Sachs, Qualcomm, others". VentureBeat. 2017-01-25. Retrieved 2020-01-12.
- ^ "SiSense Raises $30M More To Bring Big Data Analytics To Businesspeople". TechCrunch. June 12, 2014. Retrieved 2020-01-12.
- ^ "Randy Glein of DFJ Growth On Today's Crazy Late-Stage Market". TechCrunch. December 17, 2015. Retrieved 2020-01-12.
- ^ a b c "Forbes Profile: Randy Glein". Forbes. 2018.
- ^ "Unity raises $181M monster round at a reported $1.5B valuation". TechCrunch. July 13, 2016. Retrieved 2020-01-12.
- ^ "Yammer Raises $85 Million in Financing Round Led by DFJ Growth". Microsoft 365 Blog. 2012-02-29. Retrieved 2020-01-12.
- ^ "DFJH Growth Closes 1BN Growth Fund Hires Justin Kao as Partner". Alt Assets. October 15, 2021. Retrieved 2024-01-22.
- ^ "The Top 100 Venture Capital Partners & Firms". CB Insights Research. 2019-03-31. Retrieved 2020-01-12.
- ^ "Barry Schuler".
- ^ "Under Tim Draper, Draper Network Extends Reach, Eyes New Funding Model". TechCrunch. November 19, 2015. Retrieved 2020-01-12.