Sequoia Capital is a venture capital firm specializing in seed, startup, early stage, and growth stage investments. The firm seeks to invest in all sectors with a focus on services, software, systems, and components. Within the industry the firm typically invests in semiconductor and optical components; computer, subsystems, and communication systems; application, network and infrastructure software; consumer, Internet, and professional services companies. It seeks to invest in United States, China, India, and Israel for early and seed stage investments. However, for growth stage investments, the firm does not limit its investments to these countries. It invests between $100,000 and $1 million in seed stage, $1 million and $10 million in early stage, and $10 million and $50 million in growth stage. The firm operates in India through its subsidiary Sequoia Capital India. Sequoia Capital was founded in 1972 and is based in Menlo Park, California with additional offices in Herzelia, Israel; Bangalore and Mumbai, India; and Beijing and Hong Kong, China.