DCM Closes on $500 Million Venture Fund
Filed in archive Venture Capital by james on August 9, 2006

"DCM's early stage investment strategy and unique access to opportunities in Asia have served our previous venture funds well, and will be the driving forces behind DCM V," said David Chao
, co-founder and general partner of DCM. "We believe that the very high level of interest from returning limited partners and the speed with which this fund was closed are a genuine reflection of our achievements, and a sign of confidence that more opportunities lie ahead in the United States and throughout Asia."For further insights on this fund and the implications for investment in China, see Red Herring's article. As part of my own musings on fellow bloggers covering this space, I encourage you to also read VC Chat.
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Mr Wong
