DCM Ventures raises $880m

The California-based venture capital firm has held final closes on two funds.

  • Fund name: DCM IX, DCM A Fund III
  • Amount raised: $880 million
  • Stage of fundraising: Final close
  • Final close date: July 2020

DCM Ventures has held a final close on DCM IX on $780 million and DCM A Fund III on $100 million. The vehicles will primarily target the technology, media and telecommunications sectors across the US, China and Japan.