Draper-Fisher-Jurvetson

  • Tesla and Uber have more in common than you might think

    Tesla and Uber have more in common than you might think

    Elon Musk’s new master plan catapults Tesla into a new market; car-sharing. While the idea of Tesla car-sharing seems new, it is not the first time the company’s cars, coupled with autonomous technology, have come up in discussions about the sharing economy. Back in 2015, Steve Jurvetson, a partner at Uber investor DFJ, told an audience that Uber’s Travis Kalanick had… Read More

  • Zoox raises $200 million at $1 billion valuation for its self-driving cars

    Zoox raises $200 million at $1 billion valuation for its self-driving cars

    TechCrunch has confirmed reports that auto startup Zoox is raising about $200 million at a $1 billion valuation. We’ve also learned that investors Lux Capital and DFJ are involved in the round. The Palo Alto-based startup founded by Tim Kentley-Klay and Jesse Levinson, has been deliberately quiet about what they are working on presumably for competitive reasons, but the Zoox team has… Read More

  • DFJ Raises $350 Million For Its 12th Early-Stage Fund

    DFJ Raises $350 Million For Its 12th Early-Stage Fund

    Sand Hill Road venture firm DFJ is announcing a new, $350 million fund this morning — the firm’s 12th early-stage vehicle. We chatted with managing director Josh Stein yesterday about the effort, which he says took about two months from start to finish. The biggest takeaway: Expect more of the same from the firm, which typically plugs between $10 million and $15 million into… Read More

  • Lexumo Lands $4.89 Million Seed Round To Help Ensure Open Source Code Security

    Lexumo Lands $4.89 Million Seed Round To Help Ensure Open Source Code Security

    Lexumo, a Cambridge, Massachusetts cloud service that continuously checks open source code to be sure it has the latest security updates, announced a solid $4.89 million seed round today. The round was led by Accomplice, .406 Ventures and Draper. What has Lexumo created to warrant that kind of financial attention? It indexed all of the open source code in the world and created a cloud… Read More

  • Under Tim Draper, Draper Network Extends Reach, Eyes New Funding Model

    Under Tim Draper, Draper Network Extends Reach, Eyes New Funding Model

    Over the years, Draper Fisher Jurvetson, the 30-year-old Silicon Valley venture firm, famously created a partner network of independent but DFJ-branded venture firms around the world. It was one of the first and only venture firms that have attempted such a program, in fact. Then, two years ago, it said it was shifting gears. The branding was growing confusing for the firms’… Read More

  • DevOps Automation Service Chef Raises $40M Series E Round Led By DFJ Growth

    DevOps Automation Service Chef Raises $40M Series E Round Led By DFJ Growth

    The Seattle-based DevOps and IT automation service Chef today announced that it has raised a $40 million Series E round led by DFJ Growth, DFJ’s fund for investing in $10 million+ rounds. One part of this round worth $32 million already closed earlier this year, but since then, a number of new investors have come on board. Read More

  • Online Lending Technology Company LendKey Raises $12.5M

    Online Lending Technology Company LendKey Raises $12.5M

    LendKey, a cloud-based lending technology company, has raised $12.5 million in Series B funding. Led by Updata Partners and TTV Capital and joined by existing investor Draper Fisher Jurvetson and Gotham Ventures, the round brings LendKey to a total of $22 million in funding. Formerly known as Fynanz, LendKey switched its branding at the beginning of this year to distinguish itself from its… Read More

  • Personalized News Radio App Swell Raises $5.4M

    Personalized News Radio App Swell Raises $5.4M

    Swell, the app that brings a Pandora-like experience to news and talk radio content, is announcing that it has raised $5.4 million in Series A funding. The round was led by Draper Fisher Jurvetson, with participation from Google Ventures, InterWest Partners, Correlation Ventures, and Draper Nexus Ventures. Swell previously raised a $1.8 million seed round from Google Ventures, Charles… Read More

  • Tango Takes $42 Million VC Round To The Bank And Its Mobile Video Calling To The PC

    Tango Takes $42 Million VC Round To The Bank And Its Mobile Video Calling To The PC

    Mobile video calling app Tango is taking off, recently passing 17 million registered users in half the time it took Skype. It got that far with about $14 million in venture capital. Today, Tango announced that it just raised another $42 million in a series B financing led by Draper Fisher Jurvetson, the same VC firm that first invested in Skype. Angel investor Len Blavatnik and Alex… Read More

  • Cleantech Investor Raj Alturu Moves From DFJ To Silver Lake Kraftwerk

    On Thursday, Raj Atluru announced that he was stepping down as a managing director with Draper Fisher Jurvetson, where he served as a key cleantech investor since 2001. He will join a private equity group that invests in later-stage clean energy companies, Silver Lake Kraftwerk, which was formed earlier in 2011 by Silver Lake Partners and Soros Fund Management, led by Adam Grosser. Atluru… Read More

  • Scientific Conservation Raises $15.6 Million To Help Cut Energy Waste In Commercial Buildings

    Scientific Conservation Inc. (SCI) — a San Francisco company that makes software to diagnose and help stop energy-wasting problems in commercial buildings — raised $15.6 million in a series B investment led by DFJ Growth Fund the companies announced today. DFJ Ventures and The Westly Group also joined the round, which brings the company’s total funding raised to $24.6… Read More

  • Remote Tech Support Company iYogi Gets A $15 Million Boost From DFJ, Others

    iYogi, a company that provides remote tech support directly to consumers and small businesses, has raised a Series C round to the tune of $15 million. The round was led by Draper Fisher Jurvetson and joined by prior investors Canaan Partners, SAP Ventures, and SVB India Capital Partners. The Gurgaon, India-headquartered firm earlier raised $3.1 million and $9.5 million in two rounds in 2007… Read More

  • DFJ-Backed Clixtr Marries Photos With Location, Launches Website

    Clixtr, a startup that first presented itself to a wide audience at this year’s TechCrunch50 Conference (our take), kicked off things with a relatively limited offering – a paid iPhone app – but is now upping its game with the launch of an accompanying location-aware photo sharing website. It’s also dropping the price of its iPhone application to zero, so if you and… Read More

  • Shutterfly Buys Tiny Pictures For A Tiny Price

    After raising a total of $11.2 million since its founding in 2005, Tiny Pictures sold to Shutterfly on Friday for $1.3 million in cash and another $1.3 million in restricted stock to employees, which has some performance triggers. If you back out the earnout, investors only got back about a tenth of what they put in. Those investors include Mohr Davidow, Draper Fisher Jurvetson, and angel… Read More

  • The Top 100 Networked Venture Capitalists

    Do venture investors with the biggest and best networks end up producing the best returns? An academic paper from a few years ago by Yael Hochberg, Alexander Ljungqvist, and Yang Lu titled “Whom You Know Matters: Venture Capital Networks and Investment Performance” (embedded at the bottom of this post) suggests that is the case. They looked at historic venture returns and found… Read More

  • Glam Snaps Up AdaptiveAds

    Glam Media has acquired AdaptiveAds, a startup based in Mumbai, India that serves display ads targetable by the demographic characteristics brand advertisers understand (such as “Women 24-40, Fashionista, Beauty”). It calls its contextual display ads BrandWords. They will now be called Glam AdaptAds. The purchase price was not disclosed, but AdaptiveAd was shopping around a series… Read More

  • Aniboom Believed to Raise $10 Million from DFJ

    Update 6/27/08: The round is now confirmed. Additional investors include DFJ Tamir Fishman Ventures and Evergreen Venture Partners Israeli-based animation site aniBoom is about to announce a $10 million B round, a source tells us. We believe the round was led by Draper Fisher Jurvetson, although the company won’t confirm this. An announcement is expected on Monday. The company… Read More

  • Draper Fisher Jurvetson Enters Brazilian Market

    Venture capital firm Draper Fisher Jurvetson has announced its entry into the Brazilian startup and investment market, joining with early stage Brazil focused venture capital firm FIR Capital Partners to form the DFJ FIR Brazil Fund. The new fund starts with $40 million, focused on funding Brazilian based entrepreneurs with a vision to build global new technology companies. The partnership is… Read More