NEA is a leading venture capital firm focused on helping entrepreneurs create and build major new enterprises that use technology to improve the way we live, work and play. Practicing classic venture capital for over 25 years, NEA focuses on early stage investments, playing an active role in assisting management to build companies of lasting value. With $6 billion under management, NEA's experienced management team has invested in over 500 companies, of which more than 145 have gone public and more than 185 have been acquired.
Valhalla Partners is a trusted partner and advisor to technology entrepreneurs in their quest to build world-class companies. Based in Vienna, Virginia, the firm's management team has made more than 120 investments over the past twenty years and produced almost $1 billion of investment proceeds. Valhalla prefers investments where the mission of the company is to innovate, challenge, and fundamentally change the dynamics of new and existing markets. Investments by Valhalla's team include Adaptly, Advertising.com, Jumptap, LeftHand Networks, PlaceIQ, Progress Software, Proxicom, Qumulo, RealOps, Register.com, Riverbed Technologies, SafeNet, ServiceBench, SolidFire, Trilogy, Videology, Vubiquity, webMethods, and Zonoff. Valhalla Partners brings the full power and network of its experienced team to every investment it makes, helping companies grow faster and smarter regardless of size or maturity.
Novak Biddle was established in 1997 to provide equity financing and assistance to the management of young, information technology companies. NBVP is backed by a number of the country's most prestigious limited partners, and has over $580 million under management. We seek investment opportunities where the combination of ideas, dollars, experience, and relationships can create long-term, sustainable value. While we believe that the vast majority of business plans we receive have many of the makings of viable companies, we are looking for additional key features in the businesses in which we invest.
Samsung Ventures was established in 1999 as the venture arm of Samsung with the mission to be the gateway for open innovation by establishing partnerships with venture capital and start-up companies. SVIC has over one billion dollars under management and targets investments not only in Samsung's traditional IT business, such as semiconductors and displays, but also in cleantech and other emerging areas. Besides the Seoul Headquarters, SVIC has offices in Silicon Valley, Europe, Israel and Japan.
Greenspring Associates invests in established and emerging venture capital fund managers, in later stage venture-backed companies and in secondary investments in venture capital funds and companies. They focus solely on venture capital and have built a comprehensive platform dedicated to the asset class. They were founded in 2000 and have established offices in Owings Mills, Maryland and Palo Alto, California. Today, they manage approximately $3.1 billion in capital commitments across a variety of solutions and customized investment mandates.
Frank brings 25 years of experience as an enterprise software entrepreneur and executive to ServiceNow. As the CEO of Data Domain, Frank blazed new trails creating a high-growth enterprise storage company that went public on NASDAQ in 2007. After Data Domain was acquired in 2009 by EMC, Frank went on to serve for 18 months as a division executive at EMC. Prior to joining Data Domain in 2003, Frank was senior vice president of product operations at Borland Software where he ran the company's engineering and product management function. Frank also spent seven years at Compuware as general manager of UNIFACE in Amsterdam and general manager of the EcoSystems division in Campbell, Calif. He started his career at Burroughs Corporation in Detroit and holds undergraduate and graduate degrees from the Netherlands School of Economics, Erasmus University Rotterdam in his native Holland. Currently, Frank also serves as a venture partner with Greylock Partners and in an advisory role with the Backup Recovery Systems (BRS) division of EMC.
David has more than 20 years of experience in sales and sales management. Prior to joining ServiceNow, he was an Executive in Residence at Greylock and NEA (New Enterprise Associates). Prior to this David was the Senior Vice President of Worldwide Sales at EMC BRS Division leading a $2 billion business. Before EMC acquired Data Domain, David served as Senior Vice President of Worldwide Sales where he developed and executed the global sales strategy and oversaw all sales, pre-sales and professional services. Prior to Data Domain, David was with TogetherSoft Corporation (later acquired by Borland Software Corporation) where he was Vice President of Western United States Sales. From 1999 to 2002, Mr. Schneider served as Western Regional Manager of Iona Technologies, Inc. David graduated from the University of California, Irvine.
With more than twenty years' experience in the technology industry, Greg Papadopoulos has held several executive positions, most recently serving as Chief Technology Officer at Sun Microsystems, where he directed the company's $2B R&D portfolio. Along with having been a practicing engineer with HP and Honeywell, Greg has also help found a number of his own companies, from video conferencing (PictureTel) to computational fluid dynamics (Exa Corporation). Greg was also an Associate Professor of Electrical Engineering and Computer Science at MIT, where he conducted research in scalable systems, multithreaded/data flow processor architecture, functional and declarative languages, and fault-tolerant computing. He holds a bachelor's degree in systems science from the University of California at San Diego, as well as master's and doctoral degrees in electrical engineering and computer science from MIT.