New Enterprise Associates

New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, headquartered in Menlo Park, California, with additional offices in the U.S., India, and China. NEA specializes in investing in technology and healthcare sectors, with a focus on enterprise, consumer, fintech, life sciences, and digital health companies. The firm engages with entrepreneurs at various stages of business development, providing support from initial funding to public offerings. NEA invests globally, with a significant presence in Asia, including China and India, as well as the United States. The firm typically invests between $0.05 million and $20 million per deal.

Michael Albert

Associate

Kate Barrett

Partner, Communications

Ron Bernal

Venture Partner

Ann Bordetsky

Partner

Zak Burns

Associate

James Buxton MD

Principal

Carmen Chang

Partner, Chair and Head of Asia

Tak Cheung

Partner

Philip Chopin

Managing Director, NEA UK

Brandon Christie

VC Principal

Pamela Clark

General Partner

Vanessa Deng

Associate

Chris Doppman

Principal, LP Relations

Tony Florence

General Partner

Scott Gottlieb

Partner

Jay Graf

Venture Partner

Aaron Jacobson

Partner

Arjun Jain

Senior Associate

James Kaplan

Associate

Nick Kline

Principal, LP Relations

Danielle Lay

Partner

Tiffany Le

Principal

Michael Li

Principal

Tiffany Luck

Partner

Ed Mathers

Partner and Board Member

Matthew McAviney

Partner

Amit Mukherjee

Partner

Kemi Odusan

Senior Associate

Jess Ou

Senior Associate

Greg Papadopoulos

Venture Partner

Michele Park

Partner

Eileen Qian

Associate

Tim Schaller

CFO

Alex Sharata

Partner

George Stamas

Venture Partner

Brad Thawley

Partner, Limited Partner Relations

Lila Tretikov

Partner

Paul Walker

General Partner

Blake Wu

Partner

Lulu Xu

Principal

Arno Penzias Ph.D

Venture Partner

J.C. Lopez

Principal

Past deals in Defence

Chaos

Series C in 2025
Chaos Industries is a technology company specializing in next-generation solutions for defense and critical industries. The company is dedicated to enhancing sensing, detection, and communication capabilities through the use of Coherent Distributed Networks (CDN). Its focus on detection and radar services supports the development of advanced defense products, allowing clients to access high-quality services tailored to their needs.

Firestorm

Series A in 2024
Firestorm is focused on developing modular open-source architecture tailored to meet the needs of the Department of Defense, emphasizing affordability and mass production. The company specializes in the manufacturing of loitering munitions and mission-adaptable systems designed to enhance aerial weaponry. Its products offer significant modularity and precision in payload delivery, equipping paratroopers with advanced aircraft suitable for modern combat scenarios. By prioritizing low-cost solutions, Firestorm aims to contribute to the evolving demands of the hyper-enabled battlefield.

Second Front

Series C in 2024
Second Front Systems, Inc. is a software development company based in Arlington, Virginia, that focuses on enhancing government access to venture capital-backed technologies for national security missions. Established in 2014, the company offers Atlas Fulcrum, a platform that helps users identify, assess, and utilize innovative commercial technologies. Additionally, Second Front provides program management and system integration services to facilitate the delivery of technology to military personnel. The High Technology Council, an enterprise consortium established by the company, brings together key industry players to leverage commercially developed technologies for government-funded national security efforts. Second Front also specializes in configuring, securing, and deploying compliant software applications for global government customers, ensuring that users have access to a fully managed production environment tailored for national security applications.

AI Squared

Series A in 2024
AI Squared helps large organizations bring AI to where work happens. We do this by leveraging our SaaS or on-prem platform which combines data sources with advanced AL/ML functionality and embeds intelligent insights into critical business applications. Trusted by the largest financial institutions, the most complicated supply chain logistics companies, and the US Department of Defense, we enable seamless collaboration between data science teams and business users, driving faster, more informed decision-making.

Second Front

Venture Round in 2024
Second Front Systems, Inc. is a software development company based in Arlington, Virginia, that focuses on enhancing government access to venture capital-backed technologies for national security missions. Established in 2014, the company offers Atlas Fulcrum, a platform that helps users identify, assess, and utilize innovative commercial technologies. Additionally, Second Front provides program management and system integration services to facilitate the delivery of technology to military personnel. The High Technology Council, an enterprise consortium established by the company, brings together key industry players to leverage commercially developed technologies for government-funded national security efforts. Second Front also specializes in configuring, securing, and deploying compliant software applications for global government customers, ensuring that users have access to a fully managed production environment tailored for national security applications.

Second Front

Series B in 2023
Second Front Systems, Inc. is a software development company based in Arlington, Virginia, that focuses on enhancing government access to venture capital-backed technologies for national security missions. Established in 2014, the company offers Atlas Fulcrum, a platform that helps users identify, assess, and utilize innovative commercial technologies. Additionally, Second Front provides program management and system integration services to facilitate the delivery of technology to military personnel. The High Technology Council, an enterprise consortium established by the company, brings together key industry players to leverage commercially developed technologies for government-funded national security efforts. Second Front also specializes in configuring, securing, and deploying compliant software applications for global government customers, ensuring that users have access to a fully managed production environment tailored for national security applications.

AI Squared

Seed Round in 2022
AI Squared helps large organizations bring AI to where work happens. We do this by leveraging our SaaS or on-prem platform which combines data sources with advanced AL/ML functionality and embeds intelligent insights into critical business applications. Trusted by the largest financial institutions, the most complicated supply chain logistics companies, and the US Department of Defense, we enable seamless collaboration between data science teams and business users, driving faster, more informed decision-making.

Echodyne

Series D in 2022
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.

Illusive Networks

Series B in 2020
Illusive Networks Ltd. specializes in developing cybersecurity solutions focused on deception technology to prevent cyber attacks on enterprise systems. By creating a deceptive environment within existing networks, Illusive effectively identifies attackers, disrupts their activities, and provides actionable forensic insights. The company's offerings include compliance support, insider threat defense, and cloud security services, along with a comprehensive management platform that integrates various modular components for centralized cybersecurity management. Its Active Defense technology enhances security by removing vulnerable connections and replacing them with deceptive alternatives, allowing organizations to detect advanced persistent threats and prevent lateral movement by attackers. Founded in 2014 and based in Tel Aviv-Yafo, Israel, with an additional office in New York, Illusive serves clients across several industries, including finance, healthcare, legal, manufacturing, retail, and technology. The company, spun out from the venture group Team8, leverages expertise from veterans of Israel’s military intelligence to support its innovative approach to cybersecurity.

Echodyne

Series C in 2019
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.

Echodyne

Series B in 2017
Echodyne, established in 2014 and based in Kirkland, Washington, specializes in developing and marketing metamaterials-based radar systems. The company offers a range of radar solutions, including 3D Security radar for all-weather, compact, and solid-state sensor performance; Metamaterial Electronically Scanning Array (MESA) technology for high-performance phased-array radar at breakthrough cost levels; and Echoguard for ground-based airspace management. Additionally, Echodyne provides Acuity Software for customization and data processing, along with various deployment kits and accessories. Their products cater to commercial markets, government, defense, and industry, enabling autonomous applications in drones, vehicles, and heavy machinery, even in complex and challenging environments.

Illusive Networks

Series B in 2016
Illusive Networks Ltd. specializes in developing cybersecurity solutions focused on deception technology to prevent cyber attacks on enterprise systems. By creating a deceptive environment within existing networks, Illusive effectively identifies attackers, disrupts their activities, and provides actionable forensic insights. The company's offerings include compliance support, insider threat defense, and cloud security services, along with a comprehensive management platform that integrates various modular components for centralized cybersecurity management. Its Active Defense technology enhances security by removing vulnerable connections and replacing them with deceptive alternatives, allowing organizations to detect advanced persistent threats and prevent lateral movement by attackers. Founded in 2014 and based in Tel Aviv-Yafo, Israel, with an additional office in New York, Illusive serves clients across several industries, including finance, healthcare, legal, manufacturing, retail, and technology. The company, spun out from the venture group Team8, leverages expertise from veterans of Israel’s military intelligence to support its innovative approach to cybersecurity.

Illusive Networks

Series B in 2015
Illusive Networks Ltd. specializes in developing cybersecurity solutions focused on deception technology to prevent cyber attacks on enterprise systems. By creating a deceptive environment within existing networks, Illusive effectively identifies attackers, disrupts their activities, and provides actionable forensic insights. The company's offerings include compliance support, insider threat defense, and cloud security services, along with a comprehensive management platform that integrates various modular components for centralized cybersecurity management. Its Active Defense technology enhances security by removing vulnerable connections and replacing them with deceptive alternatives, allowing organizations to detect advanced persistent threats and prevent lateral movement by attackers. Founded in 2014 and based in Tel Aviv-Yafo, Israel, with an additional office in New York, Illusive serves clients across several industries, including finance, healthcare, legal, manufacturing, retail, and technology. The company, spun out from the venture group Team8, leverages expertise from veterans of Israel’s military intelligence to support its innovative approach to cybersecurity.

Forcepoint

Post in 2006
Forcepoint LLC is a leading provider of cybersecurity solutions, founded in 2015 and headquartered in Austin, Texas, with an additional center in Cork, Ireland. The company operates as a subsidiary of Raytheon Company. Forcepoint specializes in protecting users, data, and networks against both internal and external threats across various industries such as financial services, healthcare, government, and justice & public safety. Its comprehensive suite of solutions includes content security (TRITON APX Suite, TRITON AP-EMAIL, TRITON AP-WEB), insider threat protection (TRITON AP-DATA, TRITON AP-ENDPOINT), cloud security (TRITON AP-EMAIL Cloud, TRITON AP-WEB Cloud), Linux threat protection, advanced analytics (SureView Analytics), and network security solutions (Forcepoint Stonesoft NGFW). Additionally, Forcepoint offers services in data security consulting, cybersecurity intelligence, implementation packages, training, and certifications. The company aims to simplify security management by providing a unified, cloud-centric platform that enables organizations to safely embrace transformative technologies such as cloud, mobility, and the Internet of Things (IoT).

Agility Design Solutions

Series B in 2005
Agility Design Solutions, Inc. develops software tools that shorten the time to design, verify, and implement signal processing algorithms. The company offers solutions for algorithm acceleration, prototyping, and implementation in software and hardware. Its products include RMS, which improves the execution speed of MATLAB programs; MCS, which automatically synthesizes MATLAB code to C code; MCS Function Library, which includes functions that are synthesized using MCS to generate ANSI-C source; DK Design Suite, a design environment for C-based algorithmic design entry, simulation, and synthesis; RC Series Platforms, a family of FPGA-based rapid prototyping/development boards; and PixelStreams Imaging Library, which includes IP cores for digital image and video processing. The company also offers training, support, and algorithm implementation consulting services. It serves customers in various fields, including video analysis, image recognition, and wireless and wired communications. The company markets and sells its products through direct sales channels and local distributors in North America, Asia, and Europe. Agility Design Solutions, Inc. was formerly known as Catalytic, Inc. and changed its name to Agility Design Solutions, Inc. in January, 2008. Agility Design Solutions, Inc. was founded in 2001 and is headquartered in Palo Alto, California with additional offices in Austin, Texas; Abingdon, England; and Yokohama, Japan.

Covega

Series A in 2003
Covega Corporation specializes in the development and production of optoelectronic components and subsystems, utilizing proprietary technologies in Indium Phosphide and Lithium Niobate. The company offers a range of high-performance optical devices and modules, including superluminescent diodes, semiconductor optical amplifiers, Fabry Perot lasers, gain chips, and lithium niobate modulators. With a significant portion of its revenue derived from the defense, medical, industrial, and instrumentation sectors, Covega has expanded beyond its initial focus on telecom, datacom, and CATV industries. The firm provides vertically integrated capabilities and foundry services, catering to a diverse clientele with tailored products and solutions designed to meet various operational needs.
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