El Dorado Ventures Closes New Early Stage VC Fund
"El Dorado Ventures, a leading venture capital firm that specializes in early-stage investing, today announced the close of its seventh venture capital fund, which will make seed and early-stage investments in the semiconductors and systems, communications, software and services sectors. "
"El Dorado Ventures VII (EDV VII) is a $200 million venture capital fund that will be invested in approximately 20 new ventures over the next three years. El Dorado Ventures (EDV) specializes in helping entrepreneurs start and build new market-leading technology companies and has an 18-year track record of success, including investments in Cyras Systems, EarthLink, Efficient Networks, Novellus and NuSpeed Internet Systems. The firm has more than $700 million in capital under management. "
""We expect to invest EDV VII in the same broad technology sectors in which El Dorado has demonstrated its ability to find and build successful new technology ventures," commented Scott Irwin, General Partner of El Dorado Ventures. "Within those categories, we see large opportunities in areas such as on-demand software, personalized digital media, wireless convergence, and technology-neglected industries," he added. "
"About El Dorado Ventures
El Dorado Ventures (EDV) is a leading early-stage venture capital firm with an 18-year track record of success, including early investments in Cyras Systems, EarthLink, Efficient Networks, Novellus and NuSpeed Internet Systems. Numerous EDV portfolio companies have gone public or been acquired by major technology companies including Ciena, Cisco Systems, nVidia, Siemens, Texas Instruments and Yahoo/Inktomi. Entrepreneurs see EDV as a trusted investment partner that shares their vision and plays an active role in their success. More information is available at www.eldorado.com."
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"El Dorado Ventures VII (EDV VII) is a $200 million venture capital fund that will be invested in approximately 20 new ventures over the next three years. El Dorado Ventures (EDV) specializes in helping entrepreneurs start and build new market-leading technology companies and has an 18-year track record of success, including investments in Cyras Systems, EarthLink, Efficient Networks, Novellus and NuSpeed Internet Systems. The firm has more than $700 million in capital under management. "
""We expect to invest EDV VII in the same broad technology sectors in which El Dorado has demonstrated its ability to find and build successful new technology ventures," commented Scott Irwin, General Partner of El Dorado Ventures. "Within those categories, we see large opportunities in areas such as on-demand software, personalized digital media, wireless convergence, and technology-neglected industries," he added. "
"About El Dorado Ventures
El Dorado Ventures (EDV) is a leading early-stage venture capital firm with an 18-year track record of success, including early investments in Cyras Systems, EarthLink, Efficient Networks, Novellus and NuSpeed Internet Systems. Numerous EDV portfolio companies have gone public or been acquired by major technology companies including Ciena, Cisco Systems, nVidia, Siemens, Texas Instruments and Yahoo/Inktomi. Entrepreneurs see EDV as a trusted investment partner that shares their vision and plays an active role in their success. More information is available at www.eldorado.com."
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