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Draper Triangle Ventures - DFJ Network Affiliate

URL: www.drapertriangle.com
Location: 2 Gateway Center
Suite 2000
Pittsburgh, PA 15222
Phone: (412) 288-9800
Fax: (412) 288-9799
Email: maddy@dtvc.com

About Draper Triangle Ventures
Local Presence ... Global Reach

Draper Triangle Ventures is a premier source of funding for high-technology start-up companies in the Pennsylvania and Ohio region. As the Pennsylvania-based affiliate of Draper Fisher Jurvetson, the leader in seed and early-stage venture capital, they offer entrepreneurs and investors a host of benefits unrivaled in the industry. Draper Triangle Managers have significant experience in founding, investing in and growing early stage technology companies. Through the Draper Network, they have access to the tremendous benefits afforded by the cooperation of 15 affiliated firms, 25 funds, approximately $3 billion under management, unparalleled resources, and the global reach of powerful relationships around the world.

In the majority of cases, Draper Triangle will be the lead investor for a company's first round of financing. They focus on technology businesses with enormous market potential and their role is to help entrepreneurs achieve their maximum potential through team building, partnership, advice, and support, as well as investments. Draper Triangle sees a tremendous need for venture capital investing in Pennsylvania and Ohio, where technology is flourishing. By pursuing a people-focused aproach to venture capital investing, they will continue to fund entrepreneurs with the energy, vision, experience and desire to build great companies.

Venture Capital with a Regional Focus

Draper Triangle firmly believes that a regional focus and presence is critical to success in seed and early stage investing. Seed and early stage companies are often pre-product, pre-customer and pre-revenue. It is necessary for successful seed and early stage investors to work actively with their portfolio companies in building management teams, defining product and market strategy and assisting in financing and fund raising. To be most effective in this role, it is important for the investor to have a regional presence in order to be near the portfolio company and become actively engaged with the company.

Investment Criteria

As a general guideline, Draper Triangle Ventures is seeking first round investments in technology companies of between $250,000 and $2 million. The companies must have the potential to achieve strong profitability and sales of up to $50 million within 3 to 5 years.

The model company would consist of a complete and experienced management team, a proprietary product line in a $100-$500 million growing market. The company's product must have the potential of capturing a large market share and have a well-defined channel for selling into the market.