DCM, a
venture firm that invests in the United States, China, and Japan,
announced today that it has finished raising two new funds. The big one
is DCM Fund VI, the latest version of its main fund for early-stage
investments, for which it raised more than $400 million. It also
announced a new fund of 200 million Chinese yuan ($29.5 million) to make
investments in China.
DCM also revealed that it has two new general partners — Jason Krikorian, cofounder of DCM investment Sling Media (which was acquired by Echostar) and creator of its Slingbox TV streaming device; and Osuke Honda, who already works in DCM’s Tokyo office and is being promoted.
To read the full, original article click on this link: Venture firm DCM raises $400M fund, enlists Slingbox creator | VentureBeat
Author: Anthony Ha
