DCM Ventures

DCM Ventures is a venture capital firm based in Menlo Park, California, with offices in Silicon Valley, Beijing, and Tokyo. Established in 1996 as Doll Capital Management, the firm focuses on software, consumer and digital media, mobile, communications, and related technology sectors, investing in early-stage companies and growth opportunities across the United States, China, and Japan. DCM Ventures backs portfolio companies in consumer, enterprise, health tech, fintech, and deep tech, offering hands-on operational guidance and access to a broad network of business and financial resources. The firm emphasizes the discipline of its partners, each with extensive investing and operational experience in building hyper-growth startups into large-scale businesses. Across ten funds totaling roughly $4.0 billion, DCM has made investments in more than 400 technology companies, supporting entrepreneurs as they scale and commercialize innovative technologies worldwide.

Ibrahim AlSuwaidi

Investor

Scott Alberts

Venture Partner

Nan Bai

Principal

David Cheng

Investor

Binghao Cheng

Venture Partner

Kenichiro Hara

Partner

Osuke Honda

General Partner

Fiona Huang

Partner

Alex Jiang

Venture Partner

Sandra Kearney

Administrative Partner

Jason Krikorian

General Partner

Bobby Kwon

Associate

Jeffrey Lee

Principal

Hurst Lin

General Partner

Kyle Lui

Partner

Shun Nakaji

Associate

Michelle Nie

Investment Manager

Shawn Nu

Associate

Rudolph Rehm

Co-Founder and Finance Partner

Miki Sarumaru

Investment Manager

Ken Wakamatsu

Venture Partner

Jiarui Wang

Associate

Jeffery Wang

Investment Manager

Qi Wang

Associate

Sara Wei

Principal

Michelle Wu

Senior Associate

Zhenyu Zeng

General Partner

Ramon Zeng

General Partner

Cathy Zhang

Investment Vice President

George Zhou

Investment Vice President

Past deals in Video

Opus Clip

Series A in 2025
Opus Clip is a software company specializing in generative AI video editing tools. Its platform analyzes long videos and identifies short, engaging clips suitable for social media sharing, helping creators maximize their content's reach.

Opus Clip

Series A in 2024
Opus Clip is a software company specializing in generative AI video editing tools. Its platform analyzes long videos and identifies short, engaging clips suitable for social media sharing, helping creators maximize their content's reach.

every

Series C in 2017
Founded in 2015, every, Inc. is a Japanese company that produces and distributes online videos across various platforms. These include DELISH KITCHEN for food recipes, KALOS for beauty and fashion, MAMADAYS for family-oriented content, and TIMELINE for entertainment. The company also offers advertising services on its platforms.

WeShine

Series B in 2017
WeShine is a Chinese platform specializing in the sharing of GIF images and video content. The service has reached over 800 million users across China, establishing a significant presence in the market with a reported market share of over 90% in the GIF search engine sector. WeShine offers a user-friendly interface that enables individuals to easily search for and share popular visual content, making it a prominent player in the digital media landscape.

VeeR (Velocious)

Series A in 2017
VeeR, also known as Velocious Technologies, Inc., is a company that specializes in the development of a virtual reality video sharing mobile application. Founded in 2016 and headquartered in Beijing, China, VeeR offers a platform that equips users with the necessary tools and support to create and share VR videos. The application fosters an active community of VR video creators and audiences worldwide, utilizing a combination of social-following features and algorithm-based recommendations to present users with high-quality content tailored to their interests.

WeShine

Series A in 2016
WeShine is a Chinese platform specializing in the sharing of GIF images and video content. The service has reached over 800 million users across China, establishing a significant presence in the market with a reported market share of over 90% in the GIF search engine sector. WeShine offers a user-friendly interface that enables individuals to easily search for and share popular visual content, making it a prominent player in the digital media landscape.

VeeR (Velocious)

Seed Round in 2016
VeeR, also known as Velocious Technologies, Inc., is a company that specializes in the development of a virtual reality video sharing mobile application. Founded in 2016 and headquartered in Beijing, China, VeeR offers a platform that equips users with the necessary tools and support to create and share VR videos. The application fosters an active community of VR video creators and audiences worldwide, utilizing a combination of social-following features and algorithm-based recommendations to present users with high-quality content tailored to their interests.

Musical.Ly

Series C in 2016
Musical.ly, founded in 2014 by Alex Zhu and Luyu Yang, was a social network designed for creating, sharing, and discovering short videos. The platform became particularly popular among teenagers, offering them a space to express their creativity through singing, dancing, comedy, and lip-syncing in videos of 15 seconds or less. By providing tools for users to record live videos and overlay music, Musical.ly fostered a vibrant global community of content creators and viewers. The app gained significant traction, ranking #1 in the iOS App Store for free apps in multiple countries, including the United States. In 2017, Musical.ly was acquired by ByteDance's subsidiary Toutiao, and in 2018, it was merged into TikTok, further expanding its reach and influence in the realm of short-form video content.

Shots Podcast Network

Series A in 2015
Shots Podcast Network, founded by John and Sam Shahidi, is a creator network that offers media management services specifically designed for influencers and celebrities. The company specializes in producing original mobile-first content tailored for platforms such as YouTube, Instagram, TikTok, and Snapchat. By facilitating content management and promotional strategies, Shots Podcast Network enables creators to effectively navigate the complexities of digital media, enhancing their reach and engagement with audiences. The network has garnered support from notable figures, including Justin Bieber and Floyd Mayweather, further establishing its presence in the entertainment industry.

Chosen

Venture Round in 2014
Chosen.fm, Inc. is a mobile application company based in Oakland, California, founded in 2012. The company has developed an application that allows users to create and share engaging videos and photos. The Chosen app facilitates the creation of music videos and photos, enabling users to record or upload content, apply effects, and share their creations with friends and family. Additionally, the app includes features for entering talent competitions and challenges, where users can act as judges or performers. This interactive platform encourages users to gain followers, earn points, and advance in rankings, transforming video content into a foundation for social engagement and competition in the performing arts. The application is accessible on both the App Store and Google Play Store.

Chosen

Venture Round in 2014
Chosen.fm, Inc. is a mobile application company based in Oakland, California, founded in 2012. The company has developed an application that allows users to create and share engaging videos and photos. The Chosen app facilitates the creation of music videos and photos, enabling users to record or upload content, apply effects, and share their creations with friends and family. Additionally, the app includes features for entering talent competitions and challenges, where users can act as judges or performers. This interactive platform encourages users to gain followers, earn points, and advance in rankings, transforming video content into a foundation for social engagement and competition in the performing arts. The application is accessible on both the App Store and Google Play Store.

Zenverge

Series E in 2013
Zenverge is a fabless semiconductor company that specializes in developing advanced integrated circuits (ICs) aimed at enhancing digital media products. The company's offerings focus on content storage, playback, interoperability, mobility, and networking, catering to the evolving demands of the digital media landscape. Founded by seasoned industry veterans with extensive experience in the semiconductor sector, Zenverge has successfully delivered ICs used in millions of digital media devices. Its products are designed to meet the complex requirements of the entire media flow, from broadcasting to home consumption. Target markets include service provider set-top boxes, media gateways, consumer electronics like Blu-ray players and HDTVs, as well as media PCs and video networking equipment. Zenverge leverages its patented TransAll technology to support the next generation of video services, positioning itself as a key player in the digital media ecosystem. The company is privately held and supported by prominent investors.

Zenverge

Debt Financing in 2013
Zenverge is a fabless semiconductor company that specializes in developing advanced integrated circuits (ICs) aimed at enhancing digital media products. The company's offerings focus on content storage, playback, interoperability, mobility, and networking, catering to the evolving demands of the digital media landscape. Founded by seasoned industry veterans with extensive experience in the semiconductor sector, Zenverge has successfully delivered ICs used in millions of digital media devices. Its products are designed to meet the complex requirements of the entire media flow, from broadcasting to home consumption. Target markets include service provider set-top boxes, media gateways, consumer electronics like Blu-ray players and HDTVs, as well as media PCs and video networking equipment. Zenverge leverages its patented TransAll technology to support the next generation of video services, positioning itself as a key player in the digital media ecosystem. The company is privately held and supported by prominent investors.

Ustream

Funding Round in 2011
Ustream is a company that specializes in providing a live interactive broadcast platform. Founded in 2007 by John Ham, Brad Hunstable, and Gyula Feher, Ustream enables users to view and broadcast a variety of content, including sporting events, political gatherings, concerts, conferences, talk shows, and personal milestones. The company offers advertising solutions, digital campaign services, and production support for events. Additionally, Ustream provides streaming capabilities for mobile devices, connected TVs, and other devices. Notable clients include Cisco, Sony, Discovery Communications, Georgetown University, and Samsung. Headquartered in San Francisco, California, Ustream also maintains offices in Los Angeles, Tokyo, and Budapest.

Zenverge

Series D in 2011
Zenverge is a fabless semiconductor company that specializes in developing advanced integrated circuits (ICs) aimed at enhancing digital media products. The company's offerings focus on content storage, playback, interoperability, mobility, and networking, catering to the evolving demands of the digital media landscape. Founded by seasoned industry veterans with extensive experience in the semiconductor sector, Zenverge has successfully delivered ICs used in millions of digital media devices. Its products are designed to meet the complex requirements of the entire media flow, from broadcasting to home consumption. Target markets include service provider set-top boxes, media gateways, consumer electronics like Blu-ray players and HDTVs, as well as media PCs and video networking equipment. Zenverge leverages its patented TransAll technology to support the next generation of video services, positioning itself as a key player in the digital media ecosystem. The company is privately held and supported by prominent investors.

Zenverge

Series C in 2010
Zenverge is a fabless semiconductor company that specializes in developing advanced integrated circuits (ICs) aimed at enhancing digital media products. The company's offerings focus on content storage, playback, interoperability, mobility, and networking, catering to the evolving demands of the digital media landscape. Founded by seasoned industry veterans with extensive experience in the semiconductor sector, Zenverge has successfully delivered ICs used in millions of digital media devices. Its products are designed to meet the complex requirements of the entire media flow, from broadcasting to home consumption. Target markets include service provider set-top boxes, media gateways, consumer electronics like Blu-ray players and HDTVs, as well as media PCs and video networking equipment. Zenverge leverages its patented TransAll technology to support the next generation of video services, positioning itself as a key player in the digital media ecosystem. The company is privately held and supported by prominent investors.

Lightbox OOH Video Network

Series F in 2009
Lightbox OOH Video Network is a prominent digital out-of-home video network based in New York, specializing in audio and visual advertising services. The company operates approximately 5,000 digital screens located in mall common areas, food courts, WeWork spaces, and urban storefronts across the United States. These screens deliver full-motion video content, engaging shoppers with programming that highlights seasonal trends, new merchandise, and local events, while also featuring advertisements from various brands. Lightbox's innovative approach includes the use of mobile location data to target audiences effectively, maximizing advertising impact. Additionally, the company offers Clip'd, a mobile platform that allows retailers to distribute mobile coupons and showcase digital content, such as movie trailers and celebrity videos. Founded in 1998 and formerly known as AdSpace Networks, Inc., Lightbox OOH Video Network rebranded in May 2019 and continues to expand its reach, engaging over 80 million consumers monthly.

Ustream

Series A in 2008
Ustream is a company that specializes in providing a live interactive broadcast platform. Founded in 2007 by John Ham, Brad Hunstable, and Gyula Feher, Ustream enables users to view and broadcast a variety of content, including sporting events, political gatherings, concerts, conferences, talk shows, and personal milestones. The company offers advertising solutions, digital campaign services, and production support for events. Additionally, Ustream provides streaming capabilities for mobile devices, connected TVs, and other devices. Notable clients include Cisco, Sony, Discovery Communications, Georgetown University, and Samsung. Headquartered in San Francisco, California, Ustream also maintains offices in Los Angeles, Tokyo, and Budapest.

Zenverge

Series B in 2007
Zenverge is a fabless semiconductor company that specializes in developing advanced integrated circuits (ICs) aimed at enhancing digital media products. The company's offerings focus on content storage, playback, interoperability, mobility, and networking, catering to the evolving demands of the digital media landscape. Founded by seasoned industry veterans with extensive experience in the semiconductor sector, Zenverge has successfully delivered ICs used in millions of digital media devices. Its products are designed to meet the complex requirements of the entire media flow, from broadcasting to home consumption. Target markets include service provider set-top boxes, media gateways, consumer electronics like Blu-ray players and HDTVs, as well as media PCs and video networking equipment. Zenverge leverages its patented TransAll technology to support the next generation of video services, positioning itself as a key player in the digital media ecosystem. The company is privately held and supported by prominent investors.

Lightbox OOH Video Network

Series E in 2007
Lightbox OOH Video Network is a prominent digital out-of-home video network based in New York, specializing in audio and visual advertising services. The company operates approximately 5,000 digital screens located in mall common areas, food courts, WeWork spaces, and urban storefronts across the United States. These screens deliver full-motion video content, engaging shoppers with programming that highlights seasonal trends, new merchandise, and local events, while also featuring advertisements from various brands. Lightbox's innovative approach includes the use of mobile location data to target audiences effectively, maximizing advertising impact. Additionally, the company offers Clip'd, a mobile platform that allows retailers to distribute mobile coupons and showcase digital content, such as movie trailers and celebrity videos. Founded in 1998 and formerly known as AdSpace Networks, Inc., Lightbox OOH Video Network rebranded in May 2019 and continues to expand its reach, engaging over 80 million consumers monthly.

Zenverge

Series A in 2007
Zenverge is a fabless semiconductor company that specializes in developing advanced integrated circuits (ICs) aimed at enhancing digital media products. The company's offerings focus on content storage, playback, interoperability, mobility, and networking, catering to the evolving demands of the digital media landscape. Founded by seasoned industry veterans with extensive experience in the semiconductor sector, Zenverge has successfully delivered ICs used in millions of digital media devices. Its products are designed to meet the complex requirements of the entire media flow, from broadcasting to home consumption. Target markets include service provider set-top boxes, media gateways, consumer electronics like Blu-ray players and HDTVs, as well as media PCs and video networking equipment. Zenverge leverages its patented TransAll technology to support the next generation of video services, positioning itself as a key player in the digital media ecosystem. The company is privately held and supported by prominent investors.

Lightbox OOH Video Network

Series D in 2006
Lightbox OOH Video Network is a prominent digital out-of-home video network based in New York, specializing in audio and visual advertising services. The company operates approximately 5,000 digital screens located in mall common areas, food courts, WeWork spaces, and urban storefronts across the United States. These screens deliver full-motion video content, engaging shoppers with programming that highlights seasonal trends, new merchandise, and local events, while also featuring advertisements from various brands. Lightbox's innovative approach includes the use of mobile location data to target audiences effectively, maximizing advertising impact. Additionally, the company offers Clip'd, a mobile platform that allows retailers to distribute mobile coupons and showcase digital content, such as movie trailers and celebrity videos. Founded in 1998 and formerly known as AdSpace Networks, Inc., Lightbox OOH Video Network rebranded in May 2019 and continues to expand its reach, engaging over 80 million consumers monthly.

Arroyo Video Solutions

Series B in 2005
Arroyo Video Solutions is a video on demand company based in the United States that specializes in developing innovative video platforms. These platforms enable operators to deliver a range of video applications effectively. The company was acquired by Cisco Systems on August 21, 2006, further enhancing its capabilities and reach within the video services market. Arroyo Video Solutions plays a significant role in streamlining the delivery of video content, catering to the growing demand for on-demand media services.

Arroyo Video Solutions

Series A in 2004
Arroyo Video Solutions is a video on demand company based in the United States that specializes in developing innovative video platforms. These platforms enable operators to deliver a range of video applications effectively. The company was acquired by Cisco Systems on August 21, 2006, further enhancing its capabilities and reach within the video services market. Arroyo Video Solutions plays a significant role in streamlining the delivery of video content, catering to the growing demand for on-demand media services.

Lightbox OOH Video Network

Series C in 2003
Lightbox OOH Video Network is a prominent digital out-of-home video network based in New York, specializing in audio and visual advertising services. The company operates approximately 5,000 digital screens located in mall common areas, food courts, WeWork spaces, and urban storefronts across the United States. These screens deliver full-motion video content, engaging shoppers with programming that highlights seasonal trends, new merchandise, and local events, while also featuring advertisements from various brands. Lightbox's innovative approach includes the use of mobile location data to target audiences effectively, maximizing advertising impact. Additionally, the company offers Clip'd, a mobile platform that allows retailers to distribute mobile coupons and showcase digital content, such as movie trailers and celebrity videos. Founded in 1998 and formerly known as AdSpace Networks, Inc., Lightbox OOH Video Network rebranded in May 2019 and continues to expand its reach, engaging over 80 million consumers monthly.

Lightbox OOH Video Network

Series B in 2001
Lightbox OOH Video Network is a prominent digital out-of-home video network based in New York, specializing in audio and visual advertising services. The company operates approximately 5,000 digital screens located in mall common areas, food courts, WeWork spaces, and urban storefronts across the United States. These screens deliver full-motion video content, engaging shoppers with programming that highlights seasonal trends, new merchandise, and local events, while also featuring advertisements from various brands. Lightbox's innovative approach includes the use of mobile location data to target audiences effectively, maximizing advertising impact. Additionally, the company offers Clip'd, a mobile platform that allows retailers to distribute mobile coupons and showcase digital content, such as movie trailers and celebrity videos. Founded in 1998 and formerly known as AdSpace Networks, Inc., Lightbox OOH Video Network rebranded in May 2019 and continues to expand its reach, engaging over 80 million consumers monthly.
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