Peter joined NEA in 1992 and was the firm’s Managing General Partner from 1999-2017. During his 18 years at the helm, NEA's assets under management grew from $1B to over $20B and the organization scaled its operations to become one of the world’s largest venture capital firms. Under Peter’s leadership, NEA invested in industry-transforming technology companies like CareerBuilder, Tableau, Diapers.com, Groupon, Jet.com, Juniper Networks, Macromedia, Salesforce.com, TiVo, and Workday. He has been named several times to the Forbes Midas List of top technology investors, to Crain’s Chicago 50 Top Tech Stars, to Washington Tech Council’s Hall of Fame, and to the Washington Business Hall of Fame. Peter has personally led investments in over two dozen technology companies that have successfully completed public offerings or mergers. He serves on the board of public company Groupon (GRPN) and is currently a director of several private companies including Catalytic, NextNav, Sprout Social, Tamr, Tempus, ThreatQuotient, Upskill, ViewLift (Snagfilms) and ZeroFox.
Prior to joining NEA, Peter was President and Chief Operating Officer of Legent Corporation (LGNT) and Senior Vice President of the Systems Software Division of UCCEL Corporation (UCE). Both companies were ultimately acquired at valuations that were record breaking for their time. Earlier, Peter spent almost a decade at General Electric Company in a variety of management positions, including Vice President and General Manager at GE Information Services. He is Vice-Chair of the Northwestern University Board of Trustees and serves on the Board of the Tuck School Private Equity and Entrepreneur Center. Peter previously served on the Executive Committee of the Board of the National Venture Capital Association and was also a founding member of Venture Philanthropy Partners, a philanthropic organization in the Washington D.C. area. Peter received his BSEE from Northwestern University and his MBA from the Tuck School of Business at Dartmouth.
- April 15, 2015
- July 24, 2014
- Washington's Business Hall of Fame Class 2014 Washingtonian Magazine
- Midas List (6 times) Forbes
- Venture Capital 100 List (multiple times) AlwaysOn
- Tech Titans List (multiple times) Washingtonian Magazine
- 100 Most Powerful List Washington Life Magazine
- 2005 Hall of Fame Recipient Greater Washington Area Tech Council
- 2012 Convocation Speaker Northwestern McCormick School of Engineering