JK&B Capital

JK&B Capital was a Chicago-based venture capital firm established in 1996, primarily focused on investments in the software, information technology, and communications sectors. Over its active period, the firm successfully raised significant capital, including its final fund, JK&B Capital IV, L.P., which closed in 2000 with $500 million. In total, the firm managed over $1 billion across its various funds, positioning itself as a notable player in the technology investment landscape of the late 20th and early 21st centuries.

The firm's investment strategy typically centered on early-stage and growth equity opportunities, providing capital to emerging companies poised for significant expansion. JK&B Capital was known for its hands-on approach, often taking board seats and offering strategic guidance to its portfolio companies. During its active investment phase, the firm generally deployed first checks ranging from $5 million to $20 million per company, participating in larger funding rounds that could extend into the tens of millions. This approach allowed them to support the development of numerous technology firms across the United States.

While JK&B Capital played a significant role in its time, the firm appears to have largely wound down its new investment activities over the past decade and a half. Its last known fund was raised in 2000, and public records indicate its final investment was made around 2006. Although no longer actively making new investments, JK&B Capital's legacy includes a portfolio of companies that contributed to the evolution of the software, IT, and communications industries during a pivotal period of technological growth.