Draper Fisher Jurvetson Posts

DFJ Growth raises $470 million for later-stage investments

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DFJ Growth is an investment division run by Draper Fisher Jurvetson and is focused on later-stage technology startups. DFJ Growth has raised $470 million for its latest fund. This was an oversubscribed round that was originally intended to be only $350 million. DFJ has made several investments already out of this fund for companies like DataStax, Formlabs, Foursquare, SimpliVity, and SpaceX. The focus points for this fund will be in areas that have not seen much attention in the last couple of years. This is DFJ Growth’s third fund since launching in 2006 and it raised $405 million about a year ago. DFJ also closed the $325 million DFJ Venture XI fund for early-stage investments in February 2014. DFJ Growth has raised a total of $1.165 billion for later-stage investments.
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Report: PubMatic is preparing for an IPO

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PubMatic is an online advertising company that has hired a couple of banks for preparing an initial public offering, according to The Wall Street Journal. PubMatic’s platform makes it possible to buy and sell ad spaces using real-time bidding.
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PubMatic raises $13 million

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PubMatic is an online programmatic advertising company that has raised $13 million in funding led by Nokia Growth Partners. John Gardner of Nokia Growth will be joining the board of directors at PubMatic as an observer. Existing investors August Capital, Draper Fisher Jurvetson, Helion Ventures and Nexus Venture Partners also joined this round.
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Draper Fisher Jurvetson has raised $325 million for eleventh early stage fund

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Draper Fisher Jurvetson (DFJ) has announced that they have raised $325 million for their eleventh early-stage fund called DFJ Venture XI. The DFJ Fund X was for $350 million and it closed in 2010.

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DFJ network partner Draper Triangle is opening up offices in Michigan

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Draper Fisher Jurvetson (DFJ) is opening up an office in Detroit through their Draper Triangle Ventures division. DFJ is doing their due diligence in the state of Michigan right now. Draper Triangle Ventures is DFJ’s Midwest-based network partner and serves high-tech startups in Pennsylvania and Ohio.

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Telly raises $8 million in fnding and acquires Sha-Sha Entertainment

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Telly has announced that they have raised $8 million in a second round of funding and has acquired the “Netflix of the Arab world” Sha-Sha Entertainment. Cinemagic and Lumia Capital are joining early investors Azure Capital, Draper Fisher Jurvetson, Felicis Ventures, and Georges Harik.

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RethinkDB raises $8 million in funding

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RethinkDB is an open-source distributed database startup that has raised $8 million in a new round of funding. Highland Capital Partners led this round of funding with participation from Draper Fisher Jurvetson and Webb Investment Network. RethinkDB has raised $12 million in total so far.

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Highlight raises $4 million in funding

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Highlight is a location-based service that has raised $4 million in Series A funding. The company has also released an update to their mobile app to support an improved algorithm for helping users understand who is around them.
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