DCM Ventures Launches Second Android Fund

dcmDCM Ventures, a Menlo Park-based early stage venture capital firm, launched its second Android fund.

A-Fund II is a $100m early stage fund focusing on companies wanting to disrupt the mobile market and further the Android ecosystem, with particular focus on companies across key sectors including next generation social platforms, mobile SMB & enterprise SaaS, and the Internet of Things ecosystem.
The geographic focus of the fund will be on early-stage mobile companies globally.
It follows the first A-Fund, whose investments included Augmedix, Freee, KakaoTalk, Kuaishou, Life360, Playstudios, Eaze and Yik Yak.

In addition to the limited partners continuing from A-Fund I, which included Internet giants Tencent, Naver, and Gree, A-Fund II features SoftBank Group, Baidu, and Qualcomm.

Led by Osuke Honda, General Partner, David Chao, Co-Founder and General Partner, and Jason Krikorian, General Partner, DCM Ventures is an early stage venture capital firm based in Silicon Valley, Beijing and Tokyo with more than $2.8 billion under management. It has invested in more than 250 technology companies across the United States and Asia backing numerous industry leaders over its 20 year history.
Exits (IPOs and M&As) include, among others, China-based: 51job, 58.com, 99Bill (Wanda Group), BitAuto, Dangdang, Luxin, Renren, Tuniu, and Vipshop; Japan-based: JCI, Kabu.com, Pokelabo (GREE), Scigineer, and StarFlyer; U.S.-based: About.com, Basis (Intel), Fortinet, PGP Corporation (Symantec), SandForce (LSI), Slice Technologies (Rakuten), and Sling Media (EchoStar) as well as eDreams in Spain and Daum Kakao in Korea.

FinSMEs

22/07/2015

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