Blog

  • FusionOps:  Moving the Modern Supply Chain to the Cloud

    Work It Harder. Make It Better. Do It Faster.  (Daft Punk, 2001) We are excited to announce our investment in FusionOps, the leader in cloud-based supply chain analytics.  Over the past several years we have watched waves of innovation crash upon the incumbents of traditional industries— since 2000, only 52% of the Fortune 500 have survived and the pace of disruption is accelerating.  Apple has not only become the largest mobile phone, tablet, and PC manufacturer, but it…

  • FiftyThree:  Reimagining the “Blank Slate”

    FiftyThree, developer of the inspirational Paper app, Pencil stylus, and a thriving interactive community for creators called Mix, today announced a Series B round of funding led by NEA. Although the company is new to our portfolio, co-founder Georg Petschnigg and his team are well known to NEA—and I’m thrilled to partner with them as the company grows their base of millions of users and tackles new verticals with their fresh take on productivity. In 2013, we launched the NEA…

  • Vtesse: First Spin-out from Rare Disease Accelerator Cydan

    Today Vtesse, a newly formed biopharma company, announced that it has raised $25 million to develop novel treatments for rare diseases. It’s a significant milestone for several reasons, first and foremost because the funds will enable Vtesse to advance clinical study of VTS-270 for the treatment of a devastating genetic rare disease called Niemann-Pick Disease Type C (NPC). Currently there is no approved treatment for this lysosomal storage disease (LSD) affecting an estimated one in…

  • Radiology Partners: A New Image of Healthcare

    We’re all familiar with the concept of radiology and the prevalence of medical imaging – just tune into any television medical drama and you’re sure to see a group of doctors (with exceptionally great hair) musing about a fictional diagnosis over blue images on a fluorescent screen. In real life, however, the hair is not as great, and the radiology process is not as simple. Fortunately, the past ten years have brought dramatic advancements in the field of radiology with the…

  • Do your VCs have an uncomfortably high burn rate?

    * This blog is a follow-up to Fortune’s Dan Primack and his post: "The startup world's other 'cash burn' problem” where he suggests that venture capitalists, by and large, have a burn rate problem.  Over the past several weeks, much attention has been placed on unquestionably high start-up burn rates and whether entrepreneurs should change their current operating models in the face of a potential downturn.   But an equally important question for…