Blog

  • Smartcar: Driving a New Standard for Automobiles

    It may come as no surprise that we at NEA are big fans of APIs (see MuleSoft and Plaid examples). APIs have become the fundamental backbone of every business as the technology helps cut costs, lower barriers to entry, and brings new products to market faster. Over the past decade we’ve witnessed an explosion of connected devices – from phones to homes and everything else in between – creating a fertile ground for app development. At NEA, we've been searching for the opportunity to invest in the…

  • You Should Make an App for That

    I remember listening skeptically to a talk at MIT by a young Mitch Kapor describing how he was going to take on VisiCalc with an even better “graphical spreadsheet” that was going to be so fast and expressive that people would go beyond way bookkeeping and “build really interesting models and do all kinds of business analysis.” It was late 1981—IBM had just introduced its first PC to compete with the Apple II—and just a few months later, Mitch and Jonathan Sachs founded Lotus Development…

  • Becoming NEA: A New Look for a Storied Brand

    “…it’s a healthy thing now and then to hang a question mark on the things you have long taken for granted.” - B. Russell A few weeks ago, I ran into one of NEA’s retired GPs in our Menlo Park office. This is not unusual—it seems that people rarely retire from NEA, they just spend less time in the office. On this particular day, it felt serendipitous…I’d been trying to chase down a bit of firm history for weeks, and if anyone could restore some of the more arcane details to the record, it would…

    • April 21, 2016

    Forter: The new force behind retail and ecommerce security

    A decade ago, when we heard the term “retail security” it was likely to evoke images of mall security guards patrolling local shopping centers. But now, it’s 2016 and things have changed. According to the U.S. Department of Commerce, ecommerce sales were $341.7B last year (up 14.6% ), with ecommerce as a percent of overall retail sales also continuing a steady climb. With the shift in the way people spend, comes the demand to evolve protection of companies and consumers. The Fraud Problem…

    • April 19, 2016

    FUSIONOPS: TRANSFORMING THE GLOBAL SUPPLY CHAIN FOR THE ON-DEMAND WORLD

    We are excited to be a part of the $25 M financing announced today for FusionOps, who has rapidly grown to become the world’s leading supply chain intelligence cloud. NEA was privileged to invest in the company two years ago and has watched FusionOps grow its customers, revenues, and usage by over 400% since that time. Their unique solution combines industry-specific supply chain expertise with today’s modern cloud and big data analytics, making traditionally opaque supply chain information…