# NewSpring Ventures: portfolio, investments and team

> NewSpring Ventures is a vc firm based in United States. 6 investments on record, latest Oct 2010. Portfolio, stages, co-investors and team.

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

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

# NewSpring Ventures

Last cheque observed Oct 2010. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Series B Series C Enterprise Software

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 6 on record

Since the last cheque **5859** days **00** hrs **00** min **00** sec

Median round **$8.0M** Rounds led **0 of 6** Sole investor **1 rounds** Exits **3 from the portfolio** Mostly in **United States, 100%**

Pitch NewSpring Ventures

## NewSpring Ventures highlights

- 01 6 rounds on record
- 02 Mostly Series A and Series B: 67% of its rounds
- 03 Sole investor in 1 rounds, median $4.0M
- 04 3 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Enterprise Software
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2010** 1 round
- **Oct** **[NitroSecurity](https://millionrounds.com/company/nitrosecurity)** Series B · US · masshightech.com **$6.0M** With 2 others
- **2008** 2 rounds
- **Aug** **[NitroSecurity](https://millionrounds.com/company/nitrosecurity)** Series D · US · masshightech.com **$10M** With 2 others
- **Feb** **[Bluenog](https://millionrounds.com/company/bluenog)** Series A · US · bluenog.com **$4.0M** Sole investor
- **2004** 1 round
- **Sept** **[Sopherion Therapeutics](https://millionrounds.com/company/sopherion-therapeutics)** Series B · US **$47M** With 7 others
- **2003** 1 round
- **Jul** **[Fiberlink](https://millionrounds.com/company/fiberlink)** Series C · US **$50M** With 4 others
- **2001** 1 round
- **Dec** **[CorrectNet](https://millionrounds.com/company/correctnet)** Series A · US **$5.3M** With 2 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[Fiberlink](https://millionrounds.com/company/fiberlink)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Nov 2013

**[NitroSecurity](https://millionrounds.com/company/nitrosecurity)** Bought by [McAfee](https://millionrounds.com/fund/mcafee) **Undisclosed** Oct 2011

**[CorrectNet](https://millionrounds.com/company/correctnet)** Bought by [VistaOne](https://millionrounds.com/fund/vistaone) **Undisclosed** May 2011

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

## The cheque

Series A Series B Series C

Median round joined **$8.0M** the round, not its cheque Alone, median **$4.0M**

Led 0 of 6 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Oct 2010
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series A *2*
- Series B *2*
- Series C *1*
- Series D *1*

Cheques by year Led Joined

2001 2010

Often in the room with

- [Brookline Venture Partners](https://millionrounds.com/fund/brookline-venture-partners) 2
- [Edison Partners](https://millionrounds.com/fund/edison-partners) 2
- [First Analysis](https://millionrounds.com/fund/first-analysis) 2

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

Add to your CRM *→*

## Who they invest alongside

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

[**Brookline Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/brookline-venture-partners)[**Edison Partners** Private equity **2** rounds together](https://millionrounds.com/fund/edison-partners)[**First Analysis** VC firm **2** rounds together](https://millionrounds.com/fund/first-analysis)

## Quick answers about NewSpring Ventures

### What does NewSpring Ventures invest in?

NewSpring Ventures invests most often at Series A and Series B (67% of the rounds on record), in sectors such as Enterprise Software.

### How active is NewSpring Ventures?

6 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2010.

### How big are NewSpring Ventures's cheques?

The median round it joins is $8.0M.

### Does NewSpring Ventures lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

### Where does NewSpring Ventures invest?

Most of the companies it backs are in the United States (100%).

### Is NewSpring Ventures investing now?

No investments in the last 12 months; the latest was in Oct 2010.

### Who does NewSpring Ventures invest alongside?

Most often Brookline Venture Partners (2 rounds together), Edison Partners (2 rounds together) and First Analysis (2 rounds together).

### What kind of investor is NewSpring Ventures?

NewSpring Ventures is a VC firm based in United States.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=newspring-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=newspring-ventures)
