Randy Glein
Born
Randy Glein

(1965-05-19) May 19, 1965 (age 59)
Michigan, U.S.
EducationUCLA Anderson School of Management, University of Southern California, University of Florida
Occupation(s)Businessman and venture capitalist

Randy Glein (born May 19, 1965) is an American businessman and venture capitalist.[1] He is a co-founder and partner of DFJ Growth. Forbes has named Glein to its annual Midas List of top tech investors six times over the past decade. In 2024 he was #14 on the Forbes Midas List.[2]

Education and early career

edit

Glein earned an MBA from the UCLA Anderson School of Management, an MS degree in electrical engineering from the University of Southern California, and a BS degree in Electrical Engineering with high honors from the University of Florida.[1] Glein was awarded the University of Florida Gator Engineering Innovation Award in 2013 and is a co-founder of the Gator Innovation Fellows program.[3]

Early in his career, Glein was an entrepreneur and operating executive. He served as CFO of FeedBurner, as an executive at DirecTV during its early growth and startup, and as a satellite communications engineer at Hughes Electronics, Space and Communication Division.[4]

Notable investments

edit

Glein’s portfolio of past and current investments incudes: Alchemy,[5] Anaplan, [6] Box,[7] Cohesity,[8] Coinbase,[9] Commonwealth Fusion Systems,[10] DataStax,[11] Mapbox,[12] Neocis,[13] Neuralink,[14] OpenAI,[15] Planet, [16] Ring (acquired by Amazon),[17] SpaceX,[7] Splice, [18] Sumo Logic, [19] Tesla, [5] The Boring Company,[20] Twitter, [21] Unity, [22] Vannevar Labs, [23] Yammer (acquired by Microsoft), [24] and Yodle (acquired by Web.com). [25]

References

edit
  1. ^ a b DFJ Growth. "People: Randy Glein".
  2. ^ "Profile: Randy Glein". Forbes.
  3. ^ "Randy Glein receives Gator Engineering Innovation Award". University of Florida, Herbert Wertheim College of Engineering. January 8, 2024.
  4. ^ Greg Hardesty. "We Venture He Knows Something About Investing". Viterbi Magazine. USC Viterbi School of Engineering.
  5. ^ a b Alexandra Sternlicht (January 17, 2022). "Blockchain Developer Alchemy Raises $250 Million Series C At $3.5 Billion Valuation". Forbes.
  6. ^ "DFJ Growth Leads $100M Series D for Anaplan". Pitchbook. May 14, 2014.
  7. ^ a b Ingrid Lunden (May 5, 2014). "Box, Foursquare, SpaceX Backer DFJ Growth Raises $470M For Later-Stage Investments". TechCrunch.
  8. ^ "Cohesity Announces $250 Million in Series E Funding". Cohesity. April 9, 2020.
  9. ^ "Coinbase Raises $75M from DFJ Growth, USAA, NYSE, and More". Coinbase. January 20, 2025.
  10. ^ "Commonwealth Fusion Systems Raises $1.8 Billion in Funding to Commercialize Fusion Energy". Commonwealth Fusion Systems. December 1, 2021.
  11. ^ Marketwired (July 23, 2013). "DataStax Raises $45 Million in Funding to Fuel International Expansion, Channel Growth and Product Development". Yahoo Finance.
  12. ^ Ingrid Lunden (June 17, 2015). "Mapbox Raises $52.6M Led By DFJ To Be The "Map Layer" For All Apps". TechCrunch.
  13. ^ Conor Hale (October 8, 2020). "Neocis raises $72M from DFJ, Fred Moll, others for its dental surgery robot". Fierce Biotech.
  14. ^ "Series C Funding Round Announcement". Neuralink. July 29, 2021.
  15. ^ Mary Ann Azevedo (August 1, 2023). "As spend management space heats up, Brex and Rho turn to AI startups to help power new products". TechCrunch.
  16. ^ DFJ Growth (May 23, 2017). "Will Marshall, Planet — Founder Story". Medium.
  17. ^ "Ring Secures $109 Million Led by DFJ Growth and Goldman Sachs Investment Partners". BusinessWire. January 25, 2017.
  18. ^ "Splice Raises $35M in Series B Funding". FinSMEs. December 15, 2017.
  19. ^ Blair Hanley Frank (June 27, 2017). "Data analytics startup Sumo Logic raises $75 million as it eyes IPO". VentureBeat.
  20. ^ "The Boring Company Series C Funding Round Announcement". The Boring Company. April 20, 2022.
  21. ^ "Who is financing Elon Musk's $44 billion deal to buy Twitter?". Reuters. October 7, 2022.
  22. ^ Connie Loizos (April 20, 2017). "DFJ Growth closes its third fund with $535 million". TechCrunch.
  23. ^ DFJ Growth (January 18, 2023). "Vannevar: Decrypting Defense". Medium.
  24. ^ Leena Rao (February 29, 2012). "Enterprise Social Networking Platform Yammer Raises $85M From DFJ Growth, Khosla, And Others". TechCrunch.
  25. ^ Leena Rao (February 1, 2010). "Local Advertising Booster Yodle Raises Another $10 Million". TechCrunch.