DoCoMo Capital, a venture capital firm established in 2005, focuses on investing in and providing strategic backing to mobile communications startups in the United States. It has a particular interest in startups in the Electronics and Information Technology industries. The firm typically invests in startups that are 4-5 years old and have a valuation of $500 million to $1 billion. DoCoMo Capital has a higher than average number of lead investments and commits exits more frequently than other organizations. It typically participates in 2-6 deals per year, with investment rounds typically involving 5-6 participants. The firm works closely with NTT DOCOMO's business and R&D divisions to introduce cutting-edge technologies into future services and products.