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February 1, 2007
DFJ Does Dildos
If any top-tier VC was going to fund sex toys, you had to know it would be the kids at DFJ (or least them one-step removed):JimmyJane, a startup looking to become the Montblanc of vibrating sex toys, late last year raised a $1.1 million Series C financing from a group of investors that includes a limited liability company controlled by Tim Draper, according to a story published in the Jan. 29 issue of Private Equity Week.
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