- Threshold Ventures — the venture firm formerly known as DFJ recently filed a Form D revealing a plan to raise $250 million
Threshold Ventures (formerly known as DFJ) has filed a Form D with the SEC revealing a plan to raised up to $250 million for its latest fund, according to Crunchbase. The filing points out that no capital has been raised for the Threshold Ventures III L.P. yet.
But many Form D filings are often filed right before capital is deposited from limited partners. Organizations that raise capital under Rule 506(b) of Regulation D have 15 days to file a Form D with securities regulators after receiving first capital commitments.
Threshold Ventures’ newest fund will be co-led by managing partners Emily Melton and Josh Stein. Melton worked at DFJ from 2000-2009 and then again starting in 2014. And Stein worked at DFJ for over 15 years. DFJ was rebranded to Threshold in January 2019 after several found partners left the company.
Tim Draper now runs Draper Associates and the Draper Venture Network. John H. N. Fisher is heading up late-stage investment arm DFJ Growth as a managing director. And Steve Jurvetson is now a managing director at Future Ventures.
Some of Threshold Ventures’ investments include CircleCI, BetterUp, Mythic, and Polarr. Besides Melton and Stein, the other partners at Threshold include Andreas Stavropoulos, Chirag Chotalia, Chris Kelley, Heidi Roizen, Mohammad Islam, and Bill Bryant.
