| Type | Private ownership |
|---|---|
| Industry | Venture capital |
| Founded | 1985 |
| Founder | Tim Draper John H. N. Fisher Steve Jurvetson |
| Headquarters | Menlo Park, California, United States |
Key people | Heidi Roizen |
| Products | Investments |
| Total assets | $5 billion |
| Website | www |
Draper Fisher Jurvetson (DFJ) is an American venture capital firm focused on investments in enterprise, consumer and disruptive technologies. 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 the existing DFJ Growth partner team.[2]
History
DFJ 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.
As of October 2015[update], DFJ is one of the six largest and most active investors in the space sector, which has had over US$10 billion of private capital invested in it since 2005.[7]
In November 2017, Steve Jurvetson stepped down from his position at DFJ after allegations of sexual harassment.[8]
DFJ Growth's investments include Anaplan,[9] Coinbase,[10] Cylance,[11] Ring,[12] Sisense,[13] SpaceX,[14] Tesla,[15] Twitter,[15] Unity,[16] and Yammer.[17]
Organization
The firm is headquartered in Menlo Park, California, and is currently investing DFJ Growth’s third fund of $535 million, which closed in 2017.[18] DFJ Growth partner Randy Glein has been named to the Forbes Midas List several times, most recently in 2019.[15] 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.[19]
Affiliates
The DFJ Network was renamed the Draper Venture Network in 2015 and is operated by Tim Draper. [20]
References
- ^ "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.
- ^ Nordrum, Amy (October 9, 2015). "Space Advocate Makes Business Case For Private Company Exploration Of Extraterrestrial Resources". International Business Times. Retrieved October 10, 2015.
- ^ 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.
- ^ "DFJ Growth closes its third fund with $535 million". TechCrunch. April 20, 2017. Retrieved 2020-01-12.
- ^ "The Top 100 Venture Capital Partners & Firms". CB Insights Research. 2019-03-31. Retrieved 2020-01-12.
- ^ "Under Tim Draper, Draper Network Extends Reach, Eyes New Funding Model". TechCrunch. November 19, 2015. Retrieved 2020-01-12.