Draper Fisher Jurvetson
 | |
 Silicon Valley office | |
| Type | Private ownership |
|---|---|
| Industry | Venture capital |
| Founded | 1985 |
| Founder | Tim Draper |
| Headquarters | Menlo Park, California, United States |
| Products | Investments |
| Total assets | $5 billion |
| Website | www |
Draper Fisher Jurvetson (DFJ Growth) is an American venture capital firm. Founded in 1985 by Tim Draper, DFJ Growth is headquartered in Menlo Park, California.
History
[edit]Tim Draper founded Draper Associates in 1985.[1] John Fisher became a partner in 1991 and Steve Jurvetson joined in 1994, and the firm became Draper, Fisher, Jurvetson.[2][3][4] In 2013, Draper announced his departure from DFJ.[5] Draper announced he will continue investing out of an early stage venture fund Draper Associates V and assisting his son in running an incubator.[citation needed]
The DFJ Network was renamed the Draper Venture Network in 2015 and was operated by Draper.[6]
In November 2017, Jurvetson stepped down from his position at DFJ after allegations of sexual harassment.[7]
In January 2019, DFJ Venture, the early-stage team, spun out and formed Threshold Ventures.[8]
DFJ Growth’s fourth fund of nearly $1 billion closed in 2021.[9]
In May 2025, DFJ Growth raised $1.2 billion for its fifth fund.[10]
DFJ Growth's investments have included Anaplan,[11] Coinbase,[10][12][13] Cylance,[14] Ring,[10][15] Sisense,[16][17] SpaceX,[18][19] Tesla,[20] Twitter,[10][20] Unity,[21] and Yammer.[18][22]
References
[edit]- ↑ "Tim Draper". Computer History Museum. 2026-07-07. Retrieved 2026-08-10.
- ↑ TrueBridge Capital (April 15, 2015). "The Investors Behind The Next Billion Dollar Startups". Forbes. Retrieved 2020-01-12.
- ↑ Venture firm DFJ denies report that co-founders Tim Draper and John Fisher are on the way out
- ↑ Deborah Perry Piscione (April 2, 2013). Secrets of Silicon Valley: What Everyone Else Can Learn from the Innovation Capital of the World. Palgrave Macmillan. pp. 129–. ISBN 978-1-137-32421-4.
- ↑ "Exclusive: Tim Draper is leaving DFJ". Fortune. November 19, 2013. Retrieved 2020-01-12.
- ↑ "Under Tim Draper, Draper Network Extends Reach, Eyes New Funding Model". TechCrunch. November 19, 2015. Retrieved 2020-01-12.
- ↑ Schleifer, Theodore (2017-11-13). "Steve Jurvetson is out at his own venture capital firm after allegations of sexual harassment". Recode. Retrieved 2020-01-12.
- ↑ "Venture capital firm Draper Fisher Jurvetson changes its name to Threshold Ventures". Axios. May 13, 2014. Retrieved 2020-01-12.
- ↑ "DFJH Growth Closes 1BN Growth Fund Hires Justin Kao as Partner". Alt Assets. October 15, 2021. Retrieved 2024-01-22.
- 1 2 3 4 All Garfinkle. "Two decades in, DFJ Growth raises $1.2 billion for its fifth fund and doubles down on the long game". Fortune. Retrieved September 6, 2025.
- ↑ "Anaplan Gets $100 Million in Round Led by DFJ To Expand". Bloomberg. May 13, 2014. Retrieved September 6, 2025.
- ↑ "Coinbase raises $75 million in largest-ever VC round for Bitcoin company". Fortune. January 20, 2015. Retrieved 2020-01-12.
- ↑ Ari Levy (April 14, 2021). "Here's who just got rich from the Coinbase debut". CNBC. Retrieved September 6, 2025.
- ↑ "Cybersecurity Startup Cylance Raises $42 Million in Series C Round of Funding". Fortune. July 28, 2015. Retrieved 2020-01-12.
- ↑ "Connected doorbell startup Ring raises $109 million from DFJ, Goldman Sachs, Qualcomm, others". VentureBeat. 2017-01-25. Retrieved 2020-01-12.
- ↑ "SiSense Raises $30M More To Bring Big Data Analytics To Businesspeople". TechCrunch. June 12, 2014. Retrieved 2020-01-12.
- ↑ Rick Whiting (January 10, 2020). "Big Data Developer Sisense Raises $100 Million In Financing, Hits $1 Billion Market Cap". CRN. Retrieved September 6, 2025.
- 1 2 Patience Haggin (April 20, 2017). "DFJ Growth Closes Third Fund With $535 Million". Wall Street Journal. Retrieved September 6, 2025.
- ↑ "Randy Glein of DFJ Growth On Today's Crazy Late-Stage Market". TechCrunch. December 17, 2015. Retrieved 2020-01-12.
- 1 2 "Forbes Profile: Randy Glein". Forbes. 2018.
- ↑ "Unity raises $181M monster round at a reported $1.5B valuation". TechCrunch. July 13, 2016. Retrieved 2020-01-12.
- ↑ "Yammer Raises $85 Million in Financing Round Led by DFJ Growth". Microsoft 365 Blog. 2012-02-29. Retrieved 2020-01-12.
