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DCM Joins Intel Capital's Invest in America Alliance for $3.5 Billion Investment Horizon

Strategic Insights

— 1 min read

As part of the Invest in America Alliance, DCM, a prominent Silicon Valley-based venture capital firm, has committed $200 million towards an aggregate $3.5 billion investment over a two-year period. The alliance aims to support key innovation and growth segments such as clean technology, information technology, and biotechnology. Intel CEO Paul Otellini announced the initiative at an event in Washington D.C., which also drew 23 other venture capital firms. DCM's commitment will target the development of next-generation innovative technologies in the United States, creating high-value jobs and driving economic growth.

Key Takeaways:

  • DCM, a Silicon Valley-based venture capital firm, has joined Intel Capital's Invest in America Alliance, committing $200 million towards a $3.5 billion investment over two years.
  • The alliance will focus on key innovation and growth segments such as clean technology, information technology, and biotechnology.
  • Intel CEO Paul Otellini announced the initiative at an event in Washington D.C.
  • DCM's commitment will support the development of next-generation innovative technologies in the United States, creating high-value jobs and driving economic growth.
  • The Invest in America Alliance aims to catalyze the U.S. venture industry, as envisioned by the National Venture Capital Association's 4-Pillar Plan.
  • DCM's General Partner, Dixon Doll, stated that early signs of disruption in social networking, mobile ecosystems, cloud computing, and cleantech components already exist, further investment in these sectors will strengthen the U.S. economy.
  • DCM has funded leading technology companies, including Clearwire, 51job, and About.com.
  • DCM offers hands-on operational guidance and access to an extensive network of resources, including close relationships with Pacific Rim's leading companies and investors.

Statistics:

  • $3.5 billion: The aggregate investment amount for the Invest in America Alliance.
  • $200 million: DCM's commitment towards the Invest in America Alliance.
  • 2 years: The investment horizon for the Invest in America Alliance.
  • 23: The number of venture capital firms participating in the Invest in America Alliance.
  • 4-Pillar Plan: The plan published by the National Venture Capital Association to catalyze the U.S. venture industry.
  • $1.6 billion: The amount of capital managed by DCM's partners.
  • 134 investments: The number of investments made by DCM since its inception.

Sources:

  • Intel Corporation's press release (no date provided)
  • Biotech Week (January 15, 2010)
  • DCM's website (www.dcm.com)
  • National Venture Capital Association (no date provided)

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