DFJ raises $325 million early stage fund

Date posted: Thursday 6 February 2014

Silicon Valley venture capital firm Draper Fisher Jurvetson (DFJ) has raised DFJ Venture XI, a $325 million early stage venture capital fund. Notably, two of the firm’s founders, Tim Draper and John Fisher, will not be investing partners for the new fund. DFJ Venture XI, which follows the $350 million DFJ Venture X raised in 2010, will invest in segments such as machine learning, mobile applications, cloud computing, business applications, robotics, satellites, synthetic biology, communications and intelligent devices.

(Start Up Central)