DFJ Promotes Josh Raffaelli to Principal

Menlo Park, Calif.-based venture firm Draper Fisher Jurvetson has promoted Josh Raffaelli to principal. Raffaelli joined the firm in 2004 and previously worked as an associate. He focuses on energy and services business investments, and has worked with portfolio companies SolarCity, SpaceX and Tesla, among others. Before joining DFJ, Rafffaelli worked for JP Morgan and Och-Ziff Capital Management.

PRESS RELEASE
Leading global venture capital firm Draper Fisher Jurvetson (DFJ) today announced the promotion of Josh Raffaelli to Principal from Associate.

Josh joined DFJ in 2004 and focuses on energy and services business investments. He has been closely involved with DFJ’s investments in SolarCity, SpaceX, Tesla, UBMatrix, ArrayConverter, and currently serves on the boards of PowerAssure, Renewable Funding, and Scientific Conservation.

“This promotion recognizes Josh’s enormous contributions to DFJ and to our portfolio companies,” said DFJ Managing Director Raj Atluru. “Josh has stepped in as a true partner to our entrepreneurs, rolling up his sleeves and doing the hard work necessary to help guide, encourage and build great companies. For the DFJ partnership, he has spearheaded our renewed efforts around energy efficiency and helped the firm explore new areas including commercial space flight and aquaculture. He is an integral part of our core investment team, an emerging thought leader and already a big contributor to the success of our funds and companies.”

Russ McMeekin, CEO of Scientific Conservation, added, “Even before we were funded by DFJ, Josh invested significant time and energy collaborating with us on our strategy. His insights and deep sector knowledge continue to impress me, and he shares our vision that revolutionizing building energy efficiency will positively impact the environment. He is an invaluable member of our board, and we look forward to growing the company with him.”

Josh has worked in investment banking with JP Morgan, emerging market investing at Och-Ziff Capital Management, and venture capital investing with DFJ. His experience includes investing in and advising companies in the logistics, oil and gas, waste management, energy, telecom, software, and health services sectors. Josh is a Cum Laude graduate of Harvard University with a BA in Government, and has an MBA from Stanford Business School.

About DFJ:
DFJ backs extraordinary entrepreneurs everywhere who set out to change the world. DFJ achieves its mission through its DFJ Global Network of Partner Funds with operations in the US, China, India, Korea, Vietnam, Russia, Europe, Israel and Brazil. Over the past 25 years, DFJ and its partners have backed over 600 companies, and have pioneered the way in emerging technology markets including the Internet, mobile communications, clean energy and health care. DFJ has been proud to back industry changing successes including Baidu, Skype, Overture, Hotmail, Parametric Technologies, Focus Media, AdMob, Mobile365, EnerNOC, Tesla, SolarCity, Brightsource Energy, Athenahealth, ePocrates, SpaceX and Synthetic Genomics.