Blog

  • Databricks makes venture seem easy

    What I love most about being an investor—well, there are two things. One is building relationships with amazing entrepreneurs, many of whom humble me daily with their brilliance and courage to change the world.  The second is having a lens through which all the pieces of the vast tech landscape take shape to form one big picture, and the industry’s evolution seems as natural as it does novel. Databricks, the big data analytics company behind Apache Spark that just raised a…

  • Merz to Acquire Ulthera for $600M: A Deal That Should Raise Some Eyebrows

    Today we are excited to report that NEA medical device portfolio company Ulthera will be acquired by Merz for up to $600 million in cash in upfront and milestone payments.  This acquisition is the largest in Merz’s history, and positions their combined aesthetics franchise for accelerated growth with a comprehensive portfolio of treatment options. Since NEA’s initial investment in late 2007—when Ulthera had just three full time employees, still resided inside its…

  • Aerospike: The Database for the “Time is Money” set

    When a VC doubles down on an investment, one can assume two things:  first, that the company’s execution is exceeding the investor’s expectations, and second, that the opportunity is now even bigger. Aerospike, the in-memory NoSQL database company that today announced a $20M Series C round of financing, the availability of open-source licensing and a marquee customer relationship, squarely fits the bill. The company’s solid execution coupled with a rapidly growing market…

  • Elasticsearch: achieving the analytics dream

    Analytics infrastructure has never been easy. As enterprise investors, we know this all too well—as data is generated from various applications and stored across disparate systems and databases, the barriers to translating all that data into insights can be massive. The rapid growth of data volume, variety, and velocity has only sharpened this pain point, and it’s no secret that delivering on the promise of analytics has proven to be an extraordinary challenge. Data scientists…

  • How Cloud Startups Are Changing The Face Of Innovation

    Note: this post was originally published as a guest blog on TechCrunch on May 25, 2014 After more than a decade of hype and billions of dollars of value creation, it would be reasonable to expect investors to start losing interest in cloud-related startups. In the venture business, me-too investors reap ever-diminishing returns compared to early entrants in a new sector. And while the sweeping transformation that began with the migration of non-critical applications from the data center…