DFJ Frontier is an American

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

firm with offices in

Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...

Sacramento ) , image_map = Sacramento County California Incorporated and Unincorporated areas Sacramento Highlighted.svg , mapsize = 250x200px , map_caption = Location within Sacramento ...

, and

Santa Barbara, California Santa Barbara ( es, Santa Bárbara, meaning "Saint Barbara") is a coastal city in Santa Barbara County, California, of which it is also the county seat. Situated on a south-facing section of coastline, the longest such section on the West Coas ...

as well as

Portland, Oregon Portland (, ) is a port city in the Pacific Northwest and the largest city in the U.S. state of Oregon. Situated at the confluence of the Willamette and Columbia rivers, Portland is the county seat of Multnomah County, the most populous co ...

. The firm invests in seed and early-stage technology companies on the

West Coast West Coast or west coast may refer to: Geography Australia * Western Australia *Regions of South Australia#Weather forecasting, West Coast of South Australia * West Coast, Tasmania **West Coast Range, mountain range in the region Canada * Britis ...

, initially funding companies with between $100,000 and $1 million. The firm has approximately $80 million under management in two funds, DFJ Frontier Fund I, LP ($25.6 million, 2003 vintage) and DFJ Frontier Fund II, LP ($55.4 million, 2007 vintage). DFJ Frontier typically leads the first round of investment, with one of its partners serving on the board of the portfolio company. DFJ Frontier is a network partner of the DFJ Network and

Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is an American venture capital firm focused on investments in enterprise, consumer and disruptive technologies. In January 2019, DFJ Venture, the early-stage team, spun out and formed Threshold Ventures. DFJ Growth ...

. DFJ is based in

Menlo Park, California Menlo Park is a city at the eastern edge of San Mateo County within the San Francisco Bay Area of California in the United States. It is bordered by San Francisco Bay on the north and east; East Palo Alto, Palo Alto, and Stanford to the south; ...

with affiliate offices in more than 30 cities around the world and over $5 billion in capital commitments. These 17 individually structured venture capital firms form a network with over 150 investment professionals. Notable DFJ Network investments include

AdMob AdMob is a mobile advertising subsidiary of Google, originally founded by Omar Hamoui. The name AdMob is a portmanteau for "advertising on mobile". It was incorporated on April 10, 2006 while Hamoui was in business school at Wharton School. The ...

(acquired by

Google Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. ...

Baidu Baidu, Inc. ( ; , meaning "hundred times") is a Chinese multinational technology company specializing in Internet-related services and products and artificial intelligence (AI), headquartered in Beijing's Haidian District. It is one of the la ...

Hotmail Outlook.com is a webmail service that is part of the Microsoft 365 product family. It offers mail, Calendaring software, calendaring, Address book, contacts, and Task management, tasks services. Founded in 1996 by Sabeer Bhatia and Jack Smit ...

(acquired by

Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...

Overture Overture (from French ''ouverture'', "opening") in music was originally the instrumental introduction to a ballet, opera, or oratorio in the 17th century. During the early Romantic era, composers such as Beethoven and Mendelssohn composed overt ...

(acquired by

Yahoo Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo! Inc. (2017–present), Yahoo Inc., which is 90% owned by investment funds ma ...

Skype Skype () is a proprietary telecommunications application operated by Skype Technologies, a division of Microsoft, best known for VoIP-based videotelephony, videoconferencing and voice calls. It also has instant messaging, file transfer, deb ...

(acquired by

eBay eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a ...

), and MaxPreps (acquired by

CBS Sports CBS Sports is the sports division of the American television network CBS. Its headquarters are in the CBS Building on W 52nd Street in Midtown Manhattan, New York City, with programs produced out of Studio 43 at the CBS Broadcast Center on W 5 ...

). DFJ Frontier was founded in 2002 by Managing Directors

David Cremin David Cremin (born 22 February 1930) is a Roman Catholic Bishop Emeritus of the Roman Catholic Archdiocese of Sydney. He was born in Ballydoorty, County Limerick, Ireland. He was taught by the Jesuits in Limerick, and attended the Seminary of Al ...

and

Scott Lenet Scott Harris Lenet is an American venture capitalist and entrepreneur. He is a co-founder of two venture capital firms: the corporate venture capital firTouchdown Venturesref name="Touchdown Ventures Launches New Corporate Venture Capital Platfor ...

, former entrepreneurs and venture capitalists. Frank Foster joined as a venture partner in 2003, becoming a managing director in 2007. The firm's venture partners include

Jim Schraith Jim or JIM may refer to: * Jim (given name), a given name * Jim, a diminutive form of the given name James * Jim, a short form of the given name Jimmy * OPCW-UN Joint Investigative Mechanism * ''Jim'' (comics), a series by Jim Woodring * ''Jim' ...

Oleg Kaganovich Oleg (russian: Олег), Oleh ( uk, Олег), or Aleh ( be, Алег) is an East Slavic given name. The name is very common in Russia, Ukraine and Belаrus. It derives from the Old Norse ''Helgi'' ( Helge), meaning "holy", "sacred", or "blesse ...

, Brian Danella, Eric Rosenfeld, and Tony Perkins.

Investment Criteria

Stage: DFJ Frontier invests in seed (yet to complete product development) and early-stage (product development complete, may have launched) companies. Geography: DFJ Frontier invests in companies on the west coast of the United States. Industry Sector: Information technology, internet, media, life sciences, and other. Business Model Characteristics: DFJ Frontier favors investments with recurring revenue characteristics, defensibility from competition, and extensibility into new markets, products, and geographies.

Entrepreneurial Education

The partners at DFJ Frontier have developed a curriculum to teach entrepreneurship and venture capital to MBAs, PhDs, post-doctoral students, and undergraduates. DFJ Frontier investment professionals have served as adjunct professors at

UC Davis The University of California, Davis (UC Davis, UCD, or Davis) is a public land-grant research university near Davis, California. Named a Public Ivy, it is the northernmost of the ten campuses of the University of California system. The institut ...

UC Santa Barbara The University of California, Santa Barbara (UC Santa Barbara or UCSB) is a public land-grant research university in Santa Barbara, California with 23,196 undergraduates and 2,983 graduate students enrolled in 2021–2022. It is part of the Un ...

Cal Poly San Luis Obispo California Polytechnic State University, San Luis Obispo (California Polytechnic State University, Cal Poly"Cal Poly" may also refer to California State Polytechnic University, Humboldt in Arcata, California or California State Polytechnic Univ ...

, and

University of Southern California The University of Southern California (USC, SC, or Southern Cal) is a Private university, private research university in Los Angeles, California, United States. Founded in 1880 by Robert M. Widney, it is the oldest private research university in C ...

; and co-founded the Center for Entrepreneurship at UC Davis. The firm has run entrepreneurship academies or guest lectured at

Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...

The Wharton School of the University of Pennsylvania The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...

UCLA The University of California, Los Angeles (UCLA) is a public land-grant research university in Los Angeles, California. UCLA's academic roots were established in 1881 as a teachers college then known as the southern branch of the California St ...

University of Michigan , mottoeng = "Arts, Knowledge, Truth" , former_names = Catholepistemiad, or University of Michigania (1817–1821) , budget = $10.3 billion (2021) , endowment = $17 billion (2021)As o ...

Portland State University Portland State University (PSU) is a public research university in Portland, Oregon. It was founded in 1946 as a post-secondary educational institution for World War II veterans. It evolved into a four-year college over the following two decades ...

University of Oregon The University of Oregon (UO, U of O or Oregon) is a public research university in Eugene, Oregon. Founded in 1876, the institution is well known for its strong ties to the sports apparel and marketing firm Nike, Inc, and its co-founder, billion ...

Oregon State University Oregon State University (OSU) is a public land-grant, research university in Corvallis, Oregon. OSU offers more than 200 undergraduate-degree programs along with a variety of graduate and doctoral degrees. It has the 10th largest engineering co ...

Oregon Health & Science University Oregon Health & Science University (OHSU) is a public research university focusing primarily on health sciences with a main campus, including two hospitals, in Portland, Oregon. The institution was founded in 1887 as the University of Oregon Medi ...

University of Edinburgh The University of Edinburgh ( sco, University o Edinburgh, gd, Oilthigh Dhùn Èideann; abbreviated as ''Edin.'' in post-nominals) is a public research university based in Edinburgh, Scotland. Granted a royal charter by King James VI in 15 ...

Royal Institute of Technology The KTH Royal Institute of Technology ( sv, Kungliga Tekniska högskolan, lit=Royal Institute of Technology), abbreviated KTH, is a public research university in Stockholm, Sweden. KTH conducts research and education in engineering and technolo ...

(

Stockholm, Sweden Stockholm () is the capital and largest city of Sweden as well as the largest urban area in Scandinavia. Approximately 980,000 people live in the municipality, with 1.6 million in the urban area, and 2.4 million in the metropoli ...

), CSU Fresno,

CSU Sacramento California State University, Sacramento (CSUS, Sacramento State, or informally Sac State) is a public university in Sacramento, California. Founded in 1947 as Sacramento State College, it is the eleventh oldest school in the 23-campus California ...

, and

Humboldt State University California State Polytechnic University, Humboldt also known as Cal Poly Humboldt, Humboldt or Cal Poly"Cal Poly" may also refer to California Polytechnic State University in San Luis Obispo, California or California State Polytechnic Universi ...

. The firm's professionals author a byline called "Something Ventured" to educate entrepreneurs about venture capital. The column has appeared in the Sacramento Business Journal.

Portfolio

DFJ Frontier has provided venture capital for the following companies:

References

{{Reflist Financial services companies established in 2002 Venture capital firms of the United States Companies based in Los Angeles