# Novak Biddle Venture Partners: portfolio, investments and team

> Novak Biddle Venture Partners is a vc firm based in United States. 86 investments on record, latest Jul 2015. Portfolio, stages, co-investors and team.

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

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

# Novak Biddle Venture Partners

Last cheque observed Jul 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Seed Series A Series B Lending SaaS

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 86 on record

Since the last cheque **4106** days **00** hrs **00** min **00** sec

Median round **$8.0M** Rounds led **0 of 86** Sole investor **15 rounds** Exits **16 from the portfolio** Mostly in **United States, 98%**

Pitch Novak Biddle Venture Partners

## Novak Biddle Venture Partners highlights

- 01 86 rounds on record
- 02 Mostly Series B and Series A: 58% of its rounds
- 03 Sole investor in 15 rounds, median $2.6M
- 04 16 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Lending SaaS
- **Based in:** Bethesda, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **86 appearances**

- **2015** 1 round
- **Jul** **[Carspring](https://millionrounds.com/company/carspring)** Series B · GB **$3.3M** With 6 others
- **2014** 3 rounds
- **Dec** **[Orchestro](https://millionrounds.com/company/orchestro)** Venture · US **$9.8M** With 2 others
- **May** **[WealthEngine](https://millionrounds.com/company/wealthengine)** Series B · US **$5.1M** With 3 others
- **Mar** **[Parchment](https://millionrounds.com/company/parchment)** Series D · US **$35M** With 4 others
- **2013** 3 rounds
- **Sept** **[UniversityNow](https://millionrounds.com/company/universitynow)** Series C · US · finsmes.com **$19M** With 6 others
- **Jul** **[SolidFire](https://millionrounds.com/company/solidfire)** Series C · US · finsmes.com **$31M** With 3 others
- **Apr** **[Fidelis](https://millionrounds.com/company/fidelis)** Venture · US **$1.8M** Sole investor
- **2012** 6 rounds
- **Oct** **[Parchment](https://millionrounds.com/company/parchment)** Series D · US · parchment.com **$24M** With 5 others
- **Jun** **[UniversityNow](https://millionrounds.com/company/universitynow)** Series B · US · finsmes.com **$17M** With 5 others
- **Apr** **[Copiun](https://millionrounds.com/company/copiun)** Series A · US · finsmes.com **$1.4M** With 1 other
- **Apr** **[2U Inc.](https://millionrounds.com/company/2u-inc)** Series D · US · venturebeat.com **$26M** With 6 others
- **Jan** **[Digital Signal](https://millionrounds.com/company/digital-signal)** Growth · US · techtaffy.com **$10M** With 4 others
- **Jan** **[UniversityNow](https://millionrounds.com/company/universitynow)** Series A · US **$2.0M** Sole investor
- **2011** 12 rounds
- **Dec** **[Parchment](https://millionrounds.com/company/parchment)** Series C · US · sec.gov **$6.0M** With 4 others
- **Oct** **[SolidFire](https://millionrounds.com/company/solidfire)** Series B · US · venturebeat.com **$25M** With 2 others
- **Aug** **[FiberZone Networks](https://millionrounds.com/company/fiberzone-networks)** Series C · US · finsmes.com **$12M** With 1 other
- **Jun** **[Shoeboxed](https://millionrounds.com/company/shoeboxed)** Series B · US · sec.gov **$1.4M** Sole investor
- **May** **[AddThis](https://millionrounds.com/company/addthis)** Series D · US · techcrunch.com **$20M** With 8 others
- **Apr** **[Digital Signal](https://millionrounds.com/company/digital-signal)** Series C · US · techcrunch.com **$15M** With 4 others
- **Apr** **[Centrifuge Systems](https://millionrounds.com/company/centrifuge-systems)** Series A · US · freshnews.com **$2.0M** Sole investor
- **Apr** **[Fidelis](https://millionrounds.com/company/fidelis)** Series A · US · edsurge.com **$2.5M** With 4 others
- **Mar** **[2U Inc.](https://millionrounds.com/company/2u-inc)** Series C · US · techcrunch.com **$33M** With 5 others
- **Feb** **[SolidFire](https://millionrounds.com/company/solidfire)** Series A · US · techcrunch.com **$11M** With 2 others
- **Jan** **[PlaySay](https://millionrounds.com/company/playsay)** Seed · US **$750K** Sole investor
- **Jan** **[Parchment](https://millionrounds.com/company/parchment)** Series B · US · docufide.com **$4.5M** With 2 others
- **2010** 6 rounds
- **Nov** **[SS8 Networks](https://millionrounds.com/company/ss8-networks)** Series B · US · prweb.com **$13M** With 5 others
- **Nov** **[GroupFlier](https://millionrounds.com/company/groupflier)** Seed · US · groupflier.com **$500K** Sole investor
- **Aug** **[SolidFire](https://millionrounds.com/company/solidfire)** Venture · US · sec.gov **$1.0M** With 1 other
- **Mar** **[WealthEngine](https://millionrounds.com/company/wealthengine)** Series A · US · nptimes.com **$5.0M** With 1 other
- **Feb** **[2U Inc.](https://millionrounds.com/company/2u-inc)** Series B · US · techcrunch.com **$20M** With 3 others
- **Jan** **[Centice](https://millionrounds.com/company/centice)** Series C · US · onbiovc.com **$6.1M** With 4 others
- **2009** 3 rounds
- **Aug** **[Approva](https://millionrounds.com/company/approva)** Venture · US · venturebeat.com **$14M** With 4 others
- **Jun** **[2U Inc.](https://millionrounds.com/company/2u-inc)** Series A · US · 2tor.com **$10M** With 2 others
- **Apr** **[Intelliworks](https://millionrounds.com/company/intelliworks)** Series D · US · techjournalsouth.com **$2.3M** With 1 other
- **2008** 11 rounds
- **Dec** **[Paratek](https://millionrounds.com/company/paratek)** Venture · US **$20M** With 4 others
- **Nov** **[Clear Standards](https://millionrounds.com/company/clear-standards)** Series A · US · clearstandards.com **$4.0M** Sole investor
- **Oct** **[eMinor](https://millionrounds.com/company/eminor)** Series B · US **$3.0M** With 3 others
- **Oct** **[Spectrum K12 School Solutions](https://millionrounds.com/company/spectrum-k12-school-solutions)** Venture · US · spectrumk12.com **$7.4M** With 3 others
- **Jul** **[Appian](https://millionrounds.com/company/appian)** Series A · US · appian.com **$10M** Sole investor
- **Jul** **[Starfish Retention Solutions](https://millionrounds.com/company/starfish-retention-solutions)** Venture · US **$3.5M** Sole investor

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

We 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **16 in all**

**[Starfish Retention Solutions](https://millionrounds.com/company/starfish-retention-solutions)** Bought by Hobsons **Undisclosed** Feb 2015

**[PlaySay](https://millionrounds.com/company/playsay)** Bought by Babbel **Undisclosed** Mar 2013

**[Copiun](https://millionrounds.com/company/copiun)** Bought by [Good Technology](https://millionrounds.com/fund/good-technology) **Undisclosed** Sept 2012

**[Paratek](https://millionrounds.com/company/paratek)** Bought by [BlackBerry](https://millionrounds.com/fund/cylance) **Undisclosed** Mar 2012

**[Intelliworks](https://millionrounds.com/company/intelliworks)** Bought by Hobsons **Undisclosed** Dec 2011

**[Webs](https://millionrounds.com/company/webs)** Bought by Cimpress **$118M** Dec 2011

**[Approva](https://millionrounds.com/company/approva)** Bought by Lawson Software **Undisclosed** Sept 2011

**[Spectrum K12 School Solutions](https://millionrounds.com/company/spectrum-k12-school-solutions)** Bought by Scantron **Undisclosed** Jul 2010

**[Netcordia](https://millionrounds.com/company/netcordia)** Bought by Infoblox **Undisclosed** May 2010

**[Clear Standards](https://millionrounds.com/company/clear-standards)** Bought by [SAP](https://millionrounds.com/fund/sap) **Undisclosed** May 2009

**[CounterStorm](https://millionrounds.com/company/counterstorm)** Bought by Trusted Computer Solutions **Undisclosed** Sept 2008

**[Synchris](https://millionrounds.com/company/synchris)** Bought by SpringCM **Undisclosed** Feb 2008

**[SafeView](https://millionrounds.com/company/safeview)** Bought by [L-3 Communications](https://millionrounds.com/fund/l-3-communications) **Undisclosed** Mar 2006

**[Optinel Systems](https://millionrounds.com/company/optinel-systems)** Bought by C-COR **$16M** Aug 2004

**[Matrics](https://millionrounds.com/company/matrics)** Bought by Symbol Technologies **Undisclosed** Jul 2004

**[Tantivy Communications](https://millionrounds.com/company/tantivy-communications)** Bought by [InterDigital Communications](https://millionrounds.com/fund/interdigital-communications) **Undisclosed** Aug 2003

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

## The cheque

Seed Series A Series B

Median round joined **$8.0M** the round, not its cheque Alone, median **$2.6M**

Led 0 of 86 rounds **0%**

- **Sole investor:** 15 rounds
- **Last cheque:** Jul 2015
- **Exits:** 16 from the portfolio

Rounds by stage said on their site

- Series B said *25*
- Series A said *24*
- Series C *15*
- Venture *13*
- Series D *5*
- Seed said *2*
- Growth said *-*

Cheques by year Led Joined

1998 2015

Often in the room with

- [Columbia Capital](https://millionrounds.com/fund/columbia-capital) 14
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 10
- [City Light Capital](https://millionrounds.com/fund/city-light-capital) 6
- [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) 6
- [ABS Ventures](https://millionrounds.com/fund/abs-ventures) 5
- [QED Investors](https://millionrounds.com/fund/qed-investors) 5

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## Who they invest alongside

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

[**Columbia Capital** VC firm **14** rounds together](https://millionrounds.com/fund/columbia-capital)[**New Enterprise Associates** VC firm **10** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**City Light Capital** VC firm **6** rounds together](https://millionrounds.com/fund/city-light-capital)[**Paladin Capital Group** VC firm **6** rounds together](https://millionrounds.com/fund/paladin-capital-group)[**ABS Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/abs-ventures)[**QED Investors** VC firm **5** rounds together](https://millionrounds.com/fund/qed-investors)[**Valhalla Partners** VC firm **5** rounds together](https://millionrounds.com/fund/valhalla-partners)[**Polaris Partners** VC firm **4** rounds together](https://millionrounds.com/fund/polaris-partners)[**Redpoint** VC firm **4** rounds together](https://millionrounds.com/fund/redpoint)[**Ted Leonsis** VC firm **4** rounds together](https://millionrounds.com/fund/ted-leonsis)[**ZG Ventures** Growth equity **4** rounds together](https://millionrounds.com/fund/zg-ventures)[**Blacksmith Capital** Investment firm **3** rounds together](https://millionrounds.com/fund/blacksmith-capital)

## Quick answers about Novak Biddle Venture Partners

### What does Novak Biddle Venture Partners invest in?

Novak Biddle Venture Partners invests most often at Series B and Series A (58% of the rounds on record), in sectors such as Lending and SaaS.

### How active is Novak Biddle Venture Partners?

86 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2015.

### How big are Novak Biddle Venture Partners's cheques?

The median round it joins is $8.0M.

### Does Novak Biddle Venture Partners lead rounds?

Rarely, if at all: none of its 86 investments on record names it as the lead.

### Where does Novak Biddle Venture Partners invest?

Most of the companies it backs are in the United States (98%).

### Is Novak Biddle Venture Partners investing now?

No investments in the last 12 months; the latest was in Jul 2015.

### Who does Novak Biddle Venture Partners invest alongside?

Most often Columbia Capital (14 rounds together), New Enterprise Associates (10 rounds together) and City Light Capital (6 rounds together).

### What kind of investor is Novak Biddle Venture Partners?

Novak Biddle Venture Partners is a VC firm based in Bethesda, United States.

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