Novak Biddle (Mid-Atlantic IT VC firm with alumni from McKinsey, Wharton, Stanford)
By AListNete
Keywords: US -- Atlanta / Southeast | US -- Washington, D.C./Virginia | Venture Capital and Private Equity

Company name
Novak Biddle Venture Partners

Short description for overview page

Venture capital firm for info tech companies primarily located in the Mid-Atlantic region


Tags

Venture capital, early stage, information technology, technology, communications, Mid-Atlantic, McKinsey, Merrill Lynch, Salomon Smith Barney, Johns Hopkins University, Georgetown University, Wharton, Sloan, Stanford


URL

http://www.novakbiddle.com/


Description

Novak Biddle Venture Partners provides equity financing and assistance to the management of early-stage, information technology companies principally located in the Mid-Atlantic region. NBVP prefers to be the first institutional capital brought into a business with a desired investment range of $100,000 to $10,000,000. While it focuses on information technology companies in the very early stage through first round, it will consider financing later stage opportunities and spinouts where it can add significant value. Limited partners include Princeton University, Goldman Sachs, and Silicon Valley Bank.

Recent additions to its portfolio include Digital Sports, DigitalBridge Communications Corporation, Clearspring Technologies, eMinor, and Freewebs.


Alumni connected with this company

McKinsey, Merrill Lynch, Salomon Smith Barney, Johns Hopkins University, Georgetown University, Wharton, Sloan, Stanford


Size
$580 million under management

City or Greater Metropolitan Area, State (and Country if not U.S.)
Mid-Atlantic region

Year founded
1997
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This profile uses publicly available information combined with AListNet info. This profile is provided to help alumni of McKinsey, Harvard, Stanford, Wharton, and other top institutions to network with each other. Top-tier alumni at this company person may or may not be a member of AListNet.