Blog

  • Opower IPO:  Big Data is a Big Deal for Climate Change

    “Give me a place to stand, and I shall move the world” – Archimedes, c250 B.C. Today we are excited to be a part of Opower’s IPO—an amazing milestone for founders Dan Yates and Alex Laskey, who shared the vision that a software company using big data and behavioral science could one day affect climate change.  We first met Dan and Alex six years ago when Opower was piloting a new kind of energy efficiency program to just a few thousand homes by a…

  • Consumerizing Health Coverage: How a new Silicon Valley company is hitting its Stride

    How many Americans understand their health insurance coverage? According to a recent survey from the Journal of Health Economics, only about 14%. It’s one of the top personal expenditures for Americans each year, but the selection process gets a disproportionately low amount of thought and attention because it’s so confusing! One of the best analogies I can point to is purchasing a new mattress. Try shopping at various stores to find the best combination of price, performance and…

  • A New Generation of Technologies Can Help Transform Healthcare

    Note: this post was originally published as a guest column on 'Building a Smarter Planet' on November 14, 2013   I’ve spent much of my life surrounded by doctors. Literally. Both of my parents are physicians. One of my sisters is a doctor; the other is studying to become one. So it’s no wonder that I was bitten by the medical bug. I, however, gravitated toward the business and company-building side of healthcare, where I have spent my entire career. Today, I…

  • 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,…