DCM Ventures

DCM Ventures is a well-established global venture capital firm founded in 1996, with a significant presence across the United States and Asia. Headquartered in Menlo Park, California, the firm also maintains offices in Beijing and Tokyo, reflecting its dual focus on the Silicon Valley ecosystem and the rapidly growing technology markets in China and Japan. DCM primarily targets early-stage technology companies, specializing in sectors such as mobile, consumer internet, enterprise software, and communications. Their long-standing history and global footprint position them as a key player in the venture capital landscape.

The firm's investment strategy centers on identifying disruptive technologies and innovative business models at their nascent stages, typically participating in Seed, Series A, and Series B funding rounds. DCM Ventures has demonstrated a robust capacity for capital deployment, managing over $4 billion in capital across multiple funds. Their most recent fund, DCM IX, closed at $650 million in 2020, underscoring their continued commitment to new investments. For initial engagements, DCM Ventures typically writes first checks ranging from approximately $1 million for promising seed-stage ventures up to $15 million for leading Series A rounds, with potential for larger follow-on investments as companies scale.

DCM boasts an impressive portfolio of over 400 companies, including numerous successful exits through IPOs and strategic acquisitions. Notable past and present investments include industry leaders like Bill.com, Fortinet, 51job, SoFi, Kuaishou, and Vipshop. Beyond capital, DCM provides portfolio companies with strategic guidance, operational support, and access to their extensive global network, particularly valuable for companies looking to expand internationally. Their deep expertise in both US and Asian markets offers a unique advantage, helping founders navigate complex cross-border opportunities and challenges.