Business Journal: DFJ Frontier

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(Sacramento, CA)
Friday, August 10, 2007
Venture capital fund DFJ Frontier is raising $80 million for its second fund, dollars that are earmarked to help new and still-developing companies pay for everything from employees to rent. The West Sacramento-based company has raised almost half of the money, and has already invested in four companies – including a podcast search-engine company in Seattle and a video mobile-messaging startup in Los Angeles. So far, most of the money for the second fund has come from the East Coast, with a combined $30 million from New York and Pennsylvania. DFJ Frontier’s first fund invested in 19 companies, including MaxPreps in Cameron Park, which recently sold for $43 million, and SynapSense Corp. in Folsom.