DCM Launches $100M Android-Focused Fund

DCM, a venture capital firm based in Silicon Valley, Beijing and Tokyo, launched a $100m Android-focused fund.
The A-Fund will focus on investing in start ups enhancing and extending the rich open Android ecosystem—in mobile and beyond – including applications, services, and enabling technologies.
It is open to startups and developers from around the world, at any stage and size.
Investors include Japanese GREE Inc. and KDDI Corporation, and Chinese Tencent. Additional partners in the A-Fund, including a leading US based semiconductor company, will be announced in the coming weeks.
Founded in 1996 by general partner David Chao, DCM and its corporate partners will provide the capital, global business expertise, business development support, and other value-add services.

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