News Column

Dolby Family Forms VC Fund in Recognition of Ray Dolby's Legacy

June 20, 2014

The Dolby family has launched Dolby Family Ventures.

In its release, the family said that the early stage venture capital fund adds to its existing technology venture portfolio, and formalizes the Dolby family's ongoing, multi-generational commitment to Ray Dolby's legacy of discovering and supporting visionary entrepreneurs.

Dolby Family Ventures is jointly managed by David Dolby, son of Ray Dolby, and veteran venture capitalist Pascal Levensohn.

Based in San Francisco, Dolby Family Ventures funds international seed and Series A investments in four sectors: Digital Media, Cloud Services, Security, and HealthCare Technology and Services.

Dolby Family Ventures anticipates making four to seven investments per year, with capital at risk of approximately $3 million per company. The fund is not affiliated with Dolby Laboratories

"Our family is committed to honoring my father's legacy by investing in the development of exceptional technologies that have the potential to generate significant social impact," said David Dolby, Managing Director, Dolby Family Ventures. "Our direct investment approach focuses on highly defensible intellectual property, and our long time horizon provides ongoing support for entrepreneurs to build great companies."

"We're committed to partnering with our portfolio companies and actively collaborating with entrepreneurs to implement best practices in operational finance, strategy, and board development processes," added Pascal Levensohn, Managing Director, Dolby Family Ventures.

More Information and Complete Details:

http://www.dolbyventures.com

((Comments on this story may be sent to health@closeupmedia.com))


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Source: Health & Beauty Close - Up


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