Blog

  • Why NGINX is the New Foundation for Modern Web Applications

    A striking consequence of today’s cloud-enabled, SaaS-based world has been the development of highly demanding websites. Modern consumer and enterprise applications must serve richer media, to more users, and at faster speeds than was imaginable just a few years ago. It’s no surprise that existing web infrastructure software (much of which was developed in the 1990s) is struggling to meet modern needs. Scalability is a central concern for developers, who are on the front lines…

  • MongoDB and the rise of developer driven enterprise IT

    At NEA, we have been involved in enterprise technology companies since our founding 35 years ago. Traditionally, the formula for enterprise technology involved a top-down selling process. That is, startups would have to build out technology, create sophisticated pitch decks, and then reach out to the CTOs and CIOs of large corporations. The sales cycle was often eight to ten months long and involved pilots, alphas, betas, and generally a massive amount of sales and marketing spend to land an…

  • By the Numbers:  A Big Deal for Big Data as Monsanto Buys Climate Corporation

    Today’s announcement that Monsanto will acquire Climate Corporation for about $1B is a big deal for many reasons: by the numbers, it’s one of the year’s largest M&A transactions for a venture-backed company, coming from a sector few would expect and a buyer far afield of the ‘usual suspects’ for a tech acquisition of this size. The company is an outlier, in almost every sense of the word. Through several rounds of financing and some very graceful pivots,…

  • Swiftype: Making Site Search Simple As the Web Moves to Mobile

    We are excited to announce our Series A investment in Swiftype, a rapidly growing “search as a service” platform that makes it possible for any website or mobile application to add modern search to their product in less than a minute.  As an early seed investor, we have had the privilege of watching Swiftype grow from a proof of concept to a service that is today used by over 100,000 customers including some of the largest e-commerce, media, and technology companies in the…

  • The $800M Gorilla: eBay to Acquire Mobile Payments Disruptor Braintree

    Today we are excited to report that eBay has agreed to acquire Braintree, a payments company that processes more than $12 billion in transactions a year, for $800 million. It’s one of the year’s larger M&A transactions so far, also notable as an early exit in a sector where investors have placed some big bets—more than $800 million over the last year alone in mobile payments. NEA made one of those bets on Braintree because we saw a company with great leadership and…