Jafco Ventures raises $260 million

Posted Apr 10, 2014

Palo Alto-based Jafco Ventures, a mid-stage technology firm, has announced that it has closed a $260 million round of funding as part of its fifth round. The fifth round was provided by institutional investors, endowments, foundations, and family offices.

?The consistency of our successful exits as a firm enabled us to attract a very high quality mix of new LPs,? stated Joe Horowitz, Jafco?s Managing General Partner, ?but our overall performance is due in no small part to the extraordinary entrepreneurs we have had the privilege to back and the opportunity to work alongside the greatest venture firms in Silicon Valley.?

Jafco Ventures launched 10 years ago and saw over 20 positive exits. Around 15 of those exits alone have an aggregate market value of over $23 billion. Some of their exits include Aster Data (acquired by Teradata), MoPub (acquired by Twitter), FireEye (IPO), 41st Parameter (acquired by Experian), and Infinera (IPO).