DCM Ventures is a venture capital firm founded in 1996 by David Chao and Dixon Doll, with offices in Silicon Valley, Beijing, and Tokyo. The firm specializes in early-stage investments across the U.S. and Asia, focusing on sectors such as mobile, consumer internet, software, and services.

With over $4 billion under management, DCM has invested in more than 400 technology companies, including notable successes like Kuaishou, Matterport, and SoFi. Their investment philosophy emphasizes first principles thinking, depth over breadth, integrity, global perspective, and championing diverse perspectives.