User:Jcobras3/DFJ Frontier

DFJ Frontier

DFJ Frontier
Company typePrivate Ownership
IndustryPrivate Equity
Founded2002
FounderDavid Cremin
Scott Lenet
HeadquartersLos Angeles, California, United States
ProductsVenture capital
Total assets$80 million
Websitewww.dfjfrontier.com

DFJ Frontier is an American venture capital firm with offices in Los Angeles, Sacramento, and Santa Barbara, California as well as Portland, Oregon. The firm invests in seed and early stage technology companies on the west coast, initially funding companies with between $100,000 and $1 million.[1] 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 DFJ. DFJ is based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $5 billion in capital commitments.[2] These 17 individually structured venture capital firms form a network with over 150 investment professionals. Notable DFJ Network investments include AdMob (acquired by Google), Baidu, Hotmail (acquired by Microsoft), Overture (acquired by Yahoo), Skype (acquired by eBay), and MaxPreps (acquired by CBS Sports).

DFJ Frontier was founded in 2002 by Managing Directors David Cremin and Scott Lenet, 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, Oleg Kaganovich, Brian Danella, Eric Rosenfeld, and Tony Perkins.