Dolby family launches early-stage VC company Dolby Family Ventures

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The Dolby family has launched an early-stage venture capital fund called Dolby Family Ventures. The VC firm is intended to formalize the Dolby family’s commitment to Ray Dolby’s legacy of discovering and supporting entrepreneurs.

“Our family is committed to honoring my father’s legacy by investing in the development of exceptional technologies that have the potential to generate significant social impact,” stated David Dolby, Managing Director, Dolby Family Ventures. “Our direct investment approach focuses on highly defensible intellectual property, and our long time horizon provides ongoing support for entrepreneurs to build great companies.”

Dolby Family Ventures will be managed by Ray Dolby’s son David Dolby and venture capitalist Pascal Levensohn. The fund will be based in San Francisco. It will focus on digital media, cloud services, security, and healthcare technology.

Some of the companies in the existing portfolio of Dolby Family Ventures, include Basis Science (acquired by Intel recently), LittleCast, Beep, Cytovale, AltSpaceVR and Authentic Vision

[Source: MarketWatch]

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