# New Venture Partners: portfolio, investments and team

> New Venture Partners is a vc firm based in United States. 44 investments on record, latest Aug 2014. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/new-venture-partners (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# New Venture Partners

Last cheque observed Aug 2014. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm Website unconfirmed

Seed Series A Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 44 on record

Since the last cheque **4465** days **00** hrs **00** min **00** sec

Median round **$10M** Rounds led **0 of 44** Sole investor **5 rounds** Exits **11 from the portfolio** Mostly in **United States, 70%**

Pitch New Venture Partners

## New Venture Partners highlights

- 01 44 rounds on record
- 02 Mostly Series A and Venture: 61% of its rounds
- 03 Sole investor in 5 rounds, median $3.0M
- 04 11 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Venture Capital & Private Equity
- **Based in:** New Providence, United States
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=new-venture-partners).

## The record

Every round we can evidence, newest first **44 appearances**

- **2014** 1 round
- **Aug** **[NVMdurance](https://millionrounds.com/company/nvmdurance)** Venture · IE **$800K** With 3 others
- **2013** 5 rounds
- **Nov** **[AetherPal](https://millionrounds.com/company/aetherpal)** Series A · US · techcrunch.com **$6.0M** With 1 other
- **Sept** **[NVMdurance](https://millionrounds.com/company/nvmdurance)** Seed · IE · siliconrepublic.com **$322K** Sole investor
- **Aug** **[EverSpin Technologies](https://millionrounds.com/company/everspin-technologies)** Series B · US · finsmes.com **$15M** With 5 others
- **Jun** **[GainSpan](https://millionrounds.com/company/gainspan)** Series D · US · techcrunch.com **$19M** With 6 others
- **Mar** **[Vasona Networks](https://millionrounds.com/company/vasona-networks)** Series B · US · venturebeat.com **$12M** With 1 other
- **2012** 7 rounds
- **Nov** **[ICRTec](https://millionrounds.com/company/icrtec)** Series A · US · prweb.com **$10M** Sole investor
- **Oct** **[GainSpan](https://millionrounds.com/company/gainspan)** Venture · US **$7.4M** With 2 others
- **Sept** **[Brisbane Materials Technology](https://millionrounds.com/company/brisbane-materials-technology)** Series A · AU · prweb.com **Undisclosed** With 1 other
- **Sept** **[BLINQ Networks](https://millionrounds.com/company/blinq-networks)** Series B · CA · finsmes.com **$10M** With 2 others
- **Sept** **[CrossFiber](https://millionrounds.com/company/crossfiber)** Series D · US · finsmes.com **$13M** With 3 others
- **Apr** **[Own Products](https://millionrounds.com/company/own-products)** Venture · US **$5.1M** With 1 other
- **Feb** **[Novinda](https://millionrounds.com/company/novinda)** Series C · US · finsmes.com **$6.0M** With 1 other
- **2011** 4 rounds
- **Dec** **[GainSpan](https://millionrounds.com/company/gainspan)** Series C · US · gainspan.com **$18M** With 6 others
- **Sept** **[Intelleflex](https://millionrounds.com/company/intelleflex)** Series A · US · finsmes.com **$9.0M** With 3 others
- **May** **[Vasona Networks](https://millionrounds.com/company/vasona-networks)** Series A · US · pehub.com **$10M** With 1 other
- **Feb** **[BLINQ Networks](https://millionrounds.com/company/blinq-networks)** Series A · CA · marketwire.com **$7.4M** With 2 others
- **2010** 5 rounds
- **Dec** **[Intelleflex](https://millionrounds.com/company/intelleflex)** Series A · US · finsmes.com **$12M** With 1 other
- **Oct** **[Neohapsis](https://millionrounds.com/company/neohapsis)** Series B · US · neohapsis.com **$4.5M** With 2 others
- **Sept** **[ShopWell](https://millionrounds.com/company/shopwell)** Venture · US · venturebeat.com **$1.1M** With 1 other
- **Mar** **[VPIsystems](https://millionrounds.com/company/vpisystems)** Venture · US **$4.0M** With 4 others
- **Jan** **[Imperative Health](https://millionrounds.com/company/imperative-health)** Venture · GB · finsmes.com **$4.0M** With 1 other
- **2009** 1 round
- **Nov** **[Intelleflex](https://millionrounds.com/company/intelleflex)** Venture · US · intelleflex.com **$8.0M** With 3 others
- **2008** 7 rounds
- **Oct** **[Silicon Hive](https://millionrounds.com/company/silicon-hive)** Venture · NL · eetimes.com **$7.0M** With 2 others
- **Oct** **[Texert](https://millionrounds.com/company/texert)** Series A · US **$3.0M** Sole investor
- **Oct** **[TimeSight Systems](https://millionrounds.com/company/timesight-systems)** Series A · US · timesightsystems.com **$1.0M** Sole investor
- **May** **[Elanti Systems](https://millionrounds.com/company/elanti-systems)** Venture · US · expansionmanagement.com **$5.5M** With 2 others
- **Apr** **[EverSpin Technologies](https://millionrounds.com/company/everspin-technologies)** Series A · US **$20M** With 4 others
- **Feb** **[Alverix](https://millionrounds.com/company/alverix)** Series A · US · venturebeat.com **$7.7M** With 1 other
- **Jan** **[InPhase Technologies](https://millionrounds.com/company/inphase-technologies)** Series D · US · byteandswitch.com **$20M** With 3 others
- **2007** 4 rounds
- **Dec** **[GainSpan](https://millionrounds.com/company/gainspan)** Series B · US · gainspan.com **$20M** With 5 others
- **Jun** **[Real Time Content](https://millionrounds.com/company/real-time-content)** Series A · US **Undisclosed** With 1 other
- **May** **[Telepartner](https://millionrounds.com/company/telepartner)** Venture · GB **$7.0M** Sole investor
- **Apr** **[Silicon Hive](https://millionrounds.com/company/silicon-hive)** Series A · NL · siliconhive.com **$10M** With 2 others
- **2006** 2 rounds
- **Dec** **[Liquavista](https://millionrounds.com/company/liquavista)** Series A · NL · liquavista.com **$16M** With 2 others
- **Sept** **[GainSpan](https://millionrounds.com/company/gainspan)** Series A · US · venturebeat.com **$13M** With 3 others
- **2005** 2 rounds
- **Jun** **[Azure Solutions](https://millionrounds.com/company/azure-solutions)** Venture · GB · denver.bizjournals.com **$15M** With 4 others
- **May** **[InPhase Technologies](https://millionrounds.com/company/inphase-technologies)** Series C · US · businesswire.com **$32M** With 6 others
- **2004** 2 rounds
- **Jun** **[SyChip](https://millionrounds.com/company/sychip)** Series D · US **$20M** With 5 others
- **May** **[Psytechnics](https://millionrounds.com/company/psytechnics)** Series C · GB **$12M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

AR **Andrew R Garman** Managing Member i Form ADV

SP **Stephanie Petak** Controller i Form ADV

SJ **Stephen J Socolof** Managing Member i Form ADV

TM **Thomas M Uhlman** Managing Member i Form ADV

We also hold **5** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$71M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** NEW Venture Partners LLC
- **SEC number:** CRD 162684

## Exits from the portfolio

Companies it backed that were later bought or listed **11 in all**

**[Real Time Content](https://millionrounds.com/company/real-time-content)** Bought by [Pitney Bowes](https://millionrounds.com/fund/pitney-bowes) **Undisclosed** Jun 2015

**[Neohapsis](https://millionrounds.com/company/neohapsis)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **Undisclosed** Dec 2014

**[Alverix](https://millionrounds.com/company/alverix)** Bought by Becton Dickinson **$40M** Jan 2014

**[ShopWell](https://millionrounds.com/company/shopwell)** Bought by HarvestMark **Undisclosed** May 2013

**[Liquavista](https://millionrounds.com/company/liquavista)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** May 2013

**[Psytechnics](https://millionrounds.com/company/psytechnics)** Bought by NetScout Systems **Undisclosed** Mar 2011

**[Liquavista](https://millionrounds.com/company/liquavista)** Bought by [Samsung Electronics](https://millionrounds.com/fund/samsung-electronics) **Undisclosed** Jan 2011

**[VPIsystems](https://millionrounds.com/company/vpisystems)** Bought by Elanti Systems **Undisclosed** Mar 2010

**[SavaJe Technologies](https://millionrounds.com/company/savaje-technologies)** Bought by [Sun Microsystems](https://millionrounds.com/fund/sun-microsystems) **Undisclosed** Apr 2007

**[Azure Solutions](https://millionrounds.com/company/azure-solutions)** Bought by Subex Limited **$140M** Apr 2006

**[SyChip](https://millionrounds.com/company/sychip)** Bought by [Murata Manufacturing](https://millionrounds.com/fund/murata-manufacturing) **Undisclosed** Apr 2006

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A

Median round joined **$10M** the round, not its cheque Alone, median **$3.0M**

Led 0 of 44 rounds **0%**

- **Sole investor:** 5 rounds
- **Last cheque:** Aug 2014
- **Exits:** 11 from the portfolio

Rounds by stage said on their site

- Series A said *15*
- Venture *12*
- Series B *7*
- Series C *5*
- Series D *4*
- Seed said *1*

Cheques by year Led Joined

2002 2014

Often in the room with

- [Sigma Partners](https://millionrounds.com/fund/sigma-partners) 7
- [Intel Capital](https://millionrounds.com/fund/intel-capital) 6
- [Opus Capital Group LLC](https://millionrounds.com/fund/opus-capital-group-llc) 4
- [3i Group](https://millionrounds.com/fund/3i-group) 3
- [Arcapita Ventures](https://millionrounds.com/fund/arcapita-ventures) 3
- [Hitachi Maxell](https://millionrounds.com/fund/hitachi-maxell) 3

**Pitching New Venture Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as New Venture Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Sigma Partners** VC firm **7** rounds together](https://millionrounds.com/fund/sigma-partners)[**Intel Capital** Corporate VC **6** rounds together](https://millionrounds.com/fund/intel-capital)[**Opus Capital Group LLC** Investment firm **4** rounds together](https://millionrounds.com/fund/opus-capital-group-llc)[**3i Group** Private equity **3** rounds together](https://millionrounds.com/fund/3i-group)[**Arcapita Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/arcapita-ventures)[**Hitachi Maxell** Corporate VC **3** rounds together](https://millionrounds.com/fund/hitachi-maxell)[**TVM Capital** Private equity **3** rounds together](https://millionrounds.com/fund/tvm-capital-life-science)[**ALPS Information Technology Fund** VC firm **2** rounds together](https://millionrounds.com/fund/alps-information-technology-fund)[**Alliance Technology Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/alliance-technology-ventures)[**Austin Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/austin-ventures)[**BDC Capital** VC firm **2** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Bayer MaterialScience** Growth equity **2** rounds together](https://millionrounds.com/fund/bayer-materialscience)

## Quick answers about New Venture Partners

### What does New Venture Partners invest in?

New Venture Partners invests most often at Series A and Venture (61% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is New Venture Partners?

44 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2014.

### How big are New Venture Partners's cheques?

The median round it joins is $10M.

### Does New Venture Partners lead rounds?

Rarely, if at all: none of its 44 investments on record names it as the lead.

### Where does New Venture Partners invest?

Most of the companies it backs are in the United States (70%), the United Kingdom (10%) and the Netherlands (8%).

### Is New Venture Partners investing now?

No investments in the last 12 months; the latest was in Aug 2014.

### Who does New Venture Partners invest alongside?

Most often Sigma Partners (7 rounds together), Intel Capital (6 rounds together) and Opus Capital Group LLC (4 rounds together).

### What kind of investor is New Venture Partners?

New Venture Partners is a VC firm based in New Providence, United States.

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