New Enterprise Associates

New Enterprise Associates, Inc. is a global venture capital and private equity firm based in Menlo Park, California, founded in 1977. The firm specializes in investments across various stages of company development, from seed and startup to later-stage growth and public investments. With over $19 billion in cumulative committed capital, NEA focuses on technology and healthcare sectors, particularly in areas such as consumer internet, financial technology, software, healthcare services, life sciences, and energy technology. The firm also invests in semiconductor companies and alternative energy initiatives in India. NEA has a proven track record, with more than 210 portfolio company IPOs and over 360 acquisitions. The firm's investment strategy encompasses a global perspective, targeting opportunities in North America, Asia, and South America, and typically involves investments ranging from $0.05 million to $20 million.

Michael Albert

Associate

Kate Barrett

Partner, Communications

Peter Barris

Chairman

Forest Baskett

General Partner

Ali Behbahani

General Partner

Ron Bernal

Venture Partner

Ann Bordetsky

Partner

Zak Burns

Associate

James Buxton

Principal

Carmen Chang

Partner and Head of Asia

Philip Chopin

Managing Director, NEA UK

Brandon Christie

Principal

Pamela Clark

General Partner

Vanessa Deng

Associate

Chris Doppman

Managing Director, LP Relations

Tony Florence

General Partner

Qiang Fu

Vice President

Robert Garland

Venture Partner

Jonathan Golden

Partner

Jay Graf

Venture Partner

Arjun Jain

Senior Associate

Ronald Kase

General Partner

Patrick Kerins

General Partner

Nick Kline

Partner, LP Relations

David Kramlich

Associate

Liza Landsman

General Partner

Danielle Lay

Principal

Tiffany Le

Senior Associate

Michael Li

Investor

Tiffany Luck

Partner

Mohamad Makhzoumi

General Partner

Ed Mathers

Partner and Board Member

Matthew McAviney

Partner

Robert J. McGovern

Venture Partner

Kemi Odusan

Investor

Jess Ou

Principal

Greg Papadopoulos

Venture Partner

Luke Pappas

Partner

Michele Park

Partner

Arno Penzias

Venture Partner

Justine Potemkin

Investor

Scott Sandell

Managing General Partner

Tim Schaller

CFO

Andrew Schoen

Partner

Brooke Seawell

Venture Partner - Menlo Park

Alex Sharata

Associate

Peter Sonsini

General Partner

Brad Thawley

Partner, Limited Partner Relations

Blake Wu

Partner

Lulu Xu

Principal

Edison Zhang

Associate

J.C. Lopez MD

Principal on NEA's Healthcare Team

Past deals in Virtual Reality

Mojo Vision

Series C in 2023
Mojo Vision is a company based in Saratoga, California, that specializes in augmented reality products and platforms. Founded in 2015, it has developed a smart contact lens featuring a built-in display that provides timely information without disrupting the user's focus. This innovative technology enables users to receive immediate and relevant information, facilitating hands-free communication and interaction. By minimizing the distractions associated with traditional mobile devices, Mojo Vision aims to enhance connectivity and accessibility for users in various environments.

Genies

Series C in 2022
Genies, Inc. is a mobile application company based in Venice, California, that specializes in the creation of personalized digital avatars. Founded in 2017, Genies allows users to design their own avatars with a wide range of clothing and facial options, enabling them to express their identity in social media and messaging platforms. The company also offers an Avatar Agency and SDK, facilitating the integration of avatars into various aspects of culture and commerce. In addition to avatar creation, Genies develops a social sharing application targeted at college students, allowing them to share experiences and engage with brands. This platform enables students to earn recognition through snaps (likes) from peers and redeem them for rewards, while brands can connect with this desirable demographic. Genies aims to enhance user engagement and provide brands with opportunities to sell exclusive digital goods through their interactive avatar experiences.

Mojo Vision

Series B in 2022
Mojo Vision is a company based in Saratoga, California, that specializes in augmented reality products and platforms. Founded in 2015, it has developed a smart contact lens featuring a built-in display that provides timely information without disrupting the user's focus. This innovative technology enables users to receive immediate and relevant information, facilitating hands-free communication and interaction. By minimizing the distractions associated with traditional mobile devices, Mojo Vision aims to enhance connectivity and accessibility for users in various environments.

Wonder

Series A in 2021
Wonder is a gaming company focused on creating an all-in-one gaming platform for Android mobile devices. The platform enables users to play, stream, and share games seamlessly across various devices, thereby enhancing the overall gaming experience. In addition to its software solutions, Wonder is also involved in developing VR-ready gaming hardware. Currently, the company operates in stealth mode, suggesting that it is in the early stages of development and may be working on innovative features or products.

Genies

Series B in 2021
Genies, Inc. is a mobile application company based in Venice, California, that specializes in the creation of personalized digital avatars. Founded in 2017, Genies allows users to design their own avatars with a wide range of clothing and facial options, enabling them to express their identity in social media and messaging platforms. The company also offers an Avatar Agency and SDK, facilitating the integration of avatars into various aspects of culture and commerce. In addition to avatar creation, Genies develops a social sharing application targeted at college students, allowing them to share experiences and engage with brands. This platform enables students to earn recognition through snaps (likes) from peers and redeem them for rewards, while brands can connect with this desirable demographic. Genies aims to enhance user engagement and provide brands with opportunities to sell exclusive digital goods through their interactive avatar experiences.

Genies

Series B in 2021
Genies, Inc. is a mobile application company based in Venice, California, that specializes in the creation of personalized digital avatars. Founded in 2017, Genies allows users to design their own avatars with a wide range of clothing and facial options, enabling them to express their identity in social media and messaging platforms. The company also offers an Avatar Agency and SDK, facilitating the integration of avatars into various aspects of culture and commerce. In addition to avatar creation, Genies develops a social sharing application targeted at college students, allowing them to share experiences and engage with brands. This platform enables students to earn recognition through snaps (likes) from peers and redeem them for rewards, while brands can connect with this desirable demographic. Genies aims to enhance user engagement and provide brands with opportunities to sell exclusive digital goods through their interactive avatar experiences.

Mojo Vision

Series B in 2020
Mojo Vision is a company based in Saratoga, California, that specializes in augmented reality products and platforms. Founded in 2015, it has developed a smart contact lens featuring a built-in display that provides timely information without disrupting the user's focus. This innovative technology enables users to receive immediate and relevant information, facilitating hands-free communication and interaction. By minimizing the distractions associated with traditional mobile devices, Mojo Vision aims to enhance connectivity and accessibility for users in various environments.

VIMAAN

Series A in 2020
Vimaan Robotics, Inc. specializes in developing fully autonomous solutions for drone management, data acquisition, and analytics. Founded in 2016 and based in Burlingame, California, the company focuses on creating next-generation drone technology tailored for industrial indoor environments. Vimaan Robotics aims to enhance operational efficiency through safe, quiet, and intelligent automation in drone operations. As an industry pioneer, it is dedicated to advancing the capabilities of drones to meet the specific needs of various sectors.

Upskill

Venture Round in 2019
Upskill provides wearable technology to connect hands-on workers from the factory to the warehouse to the jobsite. Its robust platform, Skylight, connects the industrial workforce with the people, processes, information, and equipment they need to do their jobs with greater efficiency and fewer errors, leaving them hands free to focus on their tasks at hand, and their tools. For organizations in the competitive global market looking to increase productivity, improve quality, reduce costs, train new workers, retain tribal knowledge, and provide a strong foundation for further investments, the future starts with Upskill.

Genies

Venture Round in 2019
Genies, Inc. is a mobile application company based in Venice, California, that specializes in the creation of personalized digital avatars. Founded in 2017, Genies allows users to design their own avatars with a wide range of clothing and facial options, enabling them to express their identity in social media and messaging platforms. The company also offers an Avatar Agency and SDK, facilitating the integration of avatars into various aspects of culture and commerce. In addition to avatar creation, Genies develops a social sharing application targeted at college students, allowing them to share experiences and engage with brands. This platform enables students to earn recognition through snaps (likes) from peers and redeem them for rewards, while brands can connect with this desirable demographic. Genies aims to enhance user engagement and provide brands with opportunities to sell exclusive digital goods through their interactive avatar experiences.

Genies

Venture Round in 2018
Genies, Inc. is a mobile application company based in Venice, California, that specializes in the creation of personalized digital avatars. Founded in 2017, Genies allows users to design their own avatars with a wide range of clothing and facial options, enabling them to express their identity in social media and messaging platforms. The company also offers an Avatar Agency and SDK, facilitating the integration of avatars into various aspects of culture and commerce. In addition to avatar creation, Genies develops a social sharing application targeted at college students, allowing them to share experiences and engage with brands. This platform enables students to earn recognition through snaps (likes) from peers and redeem them for rewards, while brands can connect with this desirable demographic. Genies aims to enhance user engagement and provide brands with opportunities to sell exclusive digital goods through their interactive avatar experiences.

Mojo Vision

Series A in 2018
Mojo Vision is a company based in Saratoga, California, that specializes in augmented reality products and platforms. Founded in 2015, it has developed a smart contact lens featuring a built-in display that provides timely information without disrupting the user's focus. This innovative technology enables users to receive immediate and relevant information, facilitating hands-free communication and interaction. By minimizing the distractions associated with traditional mobile devices, Mojo Vision aims to enhance connectivity and accessibility for users in various environments.

Naked Labs

Series A in 2018
Naked Labs is a Silicon Valley-based startup focused on3D scanning, computer vision, and human-centered design. It uses infrared light to capture a 3D body model, which is visualized on the Naked app. The company was founded in 2015 and is headquartered in Redwood City, California.

Dreams

Series A in 2018
Dreams is a mobile-only TV platform that redesigns TV for the most important device. Dreams developed patent-pending computer vision technology to create a modern, mobile-first TV news experience. The company’s software converts live TV news into a vertical video format in real-time, enabling the first-ever live, 24/7 vertical video news channels. Dreams is available for free in the U.S. on the App Store and Google Play. The app requires no login or registration. It was founded in New York City in 2016 by Tom Bender and Greg Hochmuth.

Upskill

Corporate Round in 2018
Upskill provides wearable technology to connect hands-on workers from the factory to the warehouse to the jobsite. Its robust platform, Skylight, connects the industrial workforce with the people, processes, information, and equipment they need to do their jobs with greater efficiency and fewer errors, leaving them hands free to focus on their tasks at hand, and their tools. For organizations in the competitive global market looking to increase productivity, improve quality, reduce costs, train new workers, retain tribal knowledge, and provide a strong foundation for further investments, the future starts with Upskill.

Fyusion

Series B in 2017
Fyusion is a San Francisco-based company specializing in 3D computer vision and machine learning, founded in 2013. The company develops a platform that transforms standard images into immersive, interactive, photorealistic 3D visuals that can be viewed on various devices, including smartphones, desktops, and VR or augmented reality systems. Fyusion's primary focus is on enhancing automotive and eCommerce imaging, allowing users to automate car condition reporting and create highly functional 3D images. By leveraging only a smartphone or standard camera for image capture, Fyusion aims to make advanced 3D visualization accessible and practical for a wide range of applications.

Genies

Venture Round in 2017
Genies, Inc. is a mobile application company based in Venice, California, that specializes in the creation of personalized digital avatars. Founded in 2017, Genies allows users to design their own avatars with a wide range of clothing and facial options, enabling them to express their identity in social media and messaging platforms. The company also offers an Avatar Agency and SDK, facilitating the integration of avatars into various aspects of culture and commerce. In addition to avatar creation, Genies develops a social sharing application targeted at college students, allowing them to share experiences and engage with brands. This platform enables students to earn recognition through snaps (likes) from peers and redeem them for rewards, while brands can connect with this desirable demographic. Genies aims to enhance user engagement and provide brands with opportunities to sell exclusive digital goods through their interactive avatar experiences.

Upskill

Series B in 2017
Upskill provides wearable technology to connect hands-on workers from the factory to the warehouse to the jobsite. Its robust platform, Skylight, connects the industrial workforce with the people, processes, information, and equipment they need to do their jobs with greater efficiency and fewer errors, leaving them hands free to focus on their tasks at hand, and their tools. For organizations in the competitive global market looking to increase productivity, improve quality, reduce costs, train new workers, retain tribal knowledge, and provide a strong foundation for further investments, the future starts with Upskill.

Lytro

Series D in 2017
Lytro, founded in 2006 by Ren Ng, specializes in Light Field imaging technology, providing a platform that allows artists, scientists, and innovators to capture multi-dimensional data from various angles. The company launched its first consumer Light Field camera in 2012, followed by the second-generation Lytro ILLUM in 2014, along with accompanying software tools to enhance user experience. By 2015, Lytro expanded its focus to include cinematography, virtual reality, and scientific applications, establishing itself as a key player in a new technological ecosystem. This strategic shift aimed to extend the capabilities of Light Field imaging across diverse industries, granting users unprecedented creative freedom and visual quality. Headquartered in Mountain View, California, Lytro is supported by prominent venture capital firms.

Upskill

Venture Round in 2015
Upskill provides wearable technology to connect hands-on workers from the factory to the warehouse to the jobsite. Its robust platform, Skylight, connects the industrial workforce with the people, processes, information, and equipment they need to do their jobs with greater efficiency and fewer errors, leaving them hands free to focus on their tasks at hand, and their tools. For organizations in the competitive global market looking to increase productivity, improve quality, reduce costs, train new workers, retain tribal knowledge, and provide a strong foundation for further investments, the future starts with Upskill.

Hyperverge

Seed Round in 2015
HyperVerge, Inc. is a technology company founded in 2014 and based in Los Altos, California, that specializes in artificial intelligence engines for image and video analysis. The company offers solutions under the HyperVerge FinTech and HyperVerge Geospatial brands, catering primarily to the financial technology sector and other disruptive organizations. HyperVerge's platforms provide advanced tools for identity verification, including face detection, scene recognition, and duplicate photo detection. These capabilities enable clients to streamline documentation processes, reduce fraud, and ensure compliance with anti-money laundering regulations. Additionally, HyperVerge's technology supports the analysis of consumer-generated content as well as emerging data from drones, satellite imagery, and industrial sources.

Genies

Series A in 2015
Genies, Inc. is a mobile application company based in Venice, California, that specializes in the creation of personalized digital avatars. Founded in 2017, Genies allows users to design their own avatars with a wide range of clothing and facial options, enabling them to express their identity in social media and messaging platforms. The company also offers an Avatar Agency and SDK, facilitating the integration of avatars into various aspects of culture and commerce. In addition to avatar creation, Genies develops a social sharing application targeted at college students, allowing them to share experiences and engage with brands. This platform enables students to earn recognition through snaps (likes) from peers and redeem them for rewards, while brands can connect with this desirable demographic. Genies aims to enhance user engagement and provide brands with opportunities to sell exclusive digital goods through their interactive avatar experiences.

Naked Labs

Seed Round in 2015
Naked Labs is a Silicon Valley-based startup focused on3D scanning, computer vision, and human-centered design. It uses infrared light to capture a 3D body model, which is visualized on the Naked app. The company was founded in 2015 and is headquartered in Redwood City, California.

Fyusion

Series A in 2015
Fyusion is a San Francisco-based company specializing in 3D computer vision and machine learning, founded in 2013. The company develops a platform that transforms standard images into immersive, interactive, photorealistic 3D visuals that can be viewed on various devices, including smartphones, desktops, and VR or augmented reality systems. Fyusion's primary focus is on enhancing automotive and eCommerce imaging, allowing users to automate car condition reporting and create highly functional 3D images. By leveraging only a smartphone or standard camera for image capture, Fyusion aims to make advanced 3D visualization accessible and practical for a wide range of applications.

Lytro

Series C in 2014
Lytro, founded in 2006 by Ren Ng, specializes in Light Field imaging technology, providing a platform that allows artists, scientists, and innovators to capture multi-dimensional data from various angles. The company launched its first consumer Light Field camera in 2012, followed by the second-generation Lytro ILLUM in 2014, along with accompanying software tools to enhance user experience. By 2015, Lytro expanded its focus to include cinematography, virtual reality, and scientific applications, establishing itself as a key player in a new technological ecosystem. This strategic shift aimed to extend the capabilities of Light Field imaging across diverse industries, granting users unprecedented creative freedom and visual quality. Headquartered in Mountain View, California, Lytro is supported by prominent venture capital firms.

Fyusion

Seed Round in 2014
Fyusion is a San Francisco-based company specializing in 3D computer vision and machine learning, founded in 2013. The company develops a platform that transforms standard images into immersive, interactive, photorealistic 3D visuals that can be viewed on various devices, including smartphones, desktops, and VR or augmented reality systems. Fyusion's primary focus is on enhancing automotive and eCommerce imaging, allowing users to automate car condition reporting and create highly functional 3D images. By leveraging only a smartphone or standard camera for image capture, Fyusion aims to make advanced 3D visualization accessible and practical for a wide range of applications.

Upskill

Series A in 2014
Upskill provides wearable technology to connect hands-on workers from the factory to the warehouse to the jobsite. Its robust platform, Skylight, connects the industrial workforce with the people, processes, information, and equipment they need to do their jobs with greater efficiency and fewer errors, leaving them hands free to focus on their tasks at hand, and their tools. For organizations in the competitive global market looking to increase productivity, improve quality, reduce costs, train new workers, retain tribal knowledge, and provide a strong foundation for further investments, the future starts with Upskill.

Genies

Seed Round in 2014
Genies, Inc. is a mobile application company based in Venice, California, that specializes in the creation of personalized digital avatars. Founded in 2017, Genies allows users to design their own avatars with a wide range of clothing and facial options, enabling them to express their identity in social media and messaging platforms. The company also offers an Avatar Agency and SDK, facilitating the integration of avatars into various aspects of culture and commerce. In addition to avatar creation, Genies develops a social sharing application targeted at college students, allowing them to share experiences and engage with brands. This platform enables students to earn recognition through snaps (likes) from peers and redeem them for rewards, while brands can connect with this desirable demographic. Genies aims to enhance user engagement and provide brands with opportunities to sell exclusive digital goods through their interactive avatar experiences.

Hyperfair, Inc.

Seed Round in 2014
Hyperfair, Inc. is a virtual reality company specializing in providing a self-service platform for Social VR tailored for enterprises. Founded in 2010 and headquartered in San Francisco, California, Hyperfair offers a fully web-based 3D immersive platform accessible through browsers, utilizing WebGL technology. The platform enables businesses to create customizable virtual environments where they can upload digital assets and interact with customers through avatars. Hyperfair facilitates virtual events, trade shows, congresses, and corporate gatherings, allowing participants to engage and conduct business in a lifelike setting. The company also has a European subsidiary in Italy, further expanding its reach in the market.

Lytro

Series B in 2013
Lytro, founded in 2006 by Ren Ng, specializes in Light Field imaging technology, providing a platform that allows artists, scientists, and innovators to capture multi-dimensional data from various angles. The company launched its first consumer Light Field camera in 2012, followed by the second-generation Lytro ILLUM in 2014, along with accompanying software tools to enhance user experience. By 2015, Lytro expanded its focus to include cinematography, virtual reality, and scientific applications, establishing itself as a key player in a new technological ecosystem. This strategic shift aimed to extend the capabilities of Light Field imaging across diverse industries, granting users unprecedented creative freedom and visual quality. Headquartered in Mountain View, California, Lytro is supported by prominent venture capital firms.

Lytro

Series A in 2011
Lytro, founded in 2006 by Ren Ng, specializes in Light Field imaging technology, providing a platform that allows artists, scientists, and innovators to capture multi-dimensional data from various angles. The company launched its first consumer Light Field camera in 2012, followed by the second-generation Lytro ILLUM in 2014, along with accompanying software tools to enhance user experience. By 2015, Lytro expanded its focus to include cinematography, virtual reality, and scientific applications, establishing itself as a key player in a new technological ecosystem. This strategic shift aimed to extend the capabilities of Light Field imaging across diverse industries, granting users unprecedented creative freedom and visual quality. Headquartered in Mountain View, California, Lytro is supported by prominent venture capital firms.

RingCube Technologies

Venture Round in 2010
RingCube Technologies is a prominent provider of managed virtual workspaces, specializing in desktop virtualization services. The company's flagship product, vDesk, is an innovative software platform that allows enterprise users to securely access their personalized desktop environment from any Windows PC worldwide. This solution enhances user productivity by enabling access to applications, data, and settings from various locations, including offices, homes, and client sites. By leveraging vDesk, organizations can reduce desktop management and support costs while overcoming the performance limitations associated with traditional virtualization methods. Founded in 2004 and based in Mountain View, California, RingCube holds 23 pending patents related to its virtualization technology. The company is supported by venture capital firms New Enterprise Associates and Mohr Davidow Ventures.

Realtime Worlds

Series C in 2008
Realtime Worlds is an entertainment software company with a focus on video games such as Crackdown and APB. The team behind Realtime Worlds has been involved with the development of hits such as Lemmings and Grand Theft Auto. The company is the largest independent game producer in Scotland. It also has offices in Boulder, CO. It has won two awards from the British Academy of Film and Television Arts for Crackdown.

Hillcrest Labs

Series D in 2008
Hillcrest Laboratories, Inc. is a leading provider of software, components, and intellectual property focused on the intelligent integration of sensors in consumer electronics, robotics, and IoT devices. The company specializes in sensor fusion technology, transforming human and machine movements into actionable data that enhances product precision across various applications. Its key offerings include the FSP200 processor for robotic navigation, the BNO080/085 system in package for sensor-enabled AR and VR devices, and the FSM300 inertial measurement unit. Hillcrest's technology is utilized in products such as robotic cleaners, handheld motion controllers, and attitude monitoring systems. The company has established strategic relationships with major players in the Smart TV sector, including LG, Roku, and TCL, and has expanded its focus to include the smartphone and gaming industries. Founded in 2001 and based in Rockville, Maryland, Hillcrest Labs has received multiple awards for its innovations and operates as a subsidiary of CEVA, Inc.

RingCube Technologies

Series B in 2007
RingCube Technologies is a prominent provider of managed virtual workspaces, specializing in desktop virtualization services. The company's flagship product, vDesk, is an innovative software platform that allows enterprise users to securely access their personalized desktop environment from any Windows PC worldwide. This solution enhances user productivity by enabling access to applications, data, and settings from various locations, including offices, homes, and client sites. By leveraging vDesk, organizations can reduce desktop management and support costs while overcoming the performance limitations associated with traditional virtualization methods. Founded in 2004 and based in Mountain View, California, RingCube holds 23 pending patents related to its virtualization technology. The company is supported by venture capital firms New Enterprise Associates and Mohr Davidow Ventures.

Realtime Worlds

Series B in 2006
Realtime Worlds is an entertainment software company with a focus on video games such as Crackdown and APB. The team behind Realtime Worlds has been involved with the development of hits such as Lemmings and Grand Theft Auto. The company is the largest independent game producer in Scotland. It also has offices in Boulder, CO. It has won two awards from the British Academy of Film and Television Arts for Crackdown.

RingCube Technologies

Series A in 2006
RingCube Technologies is a prominent provider of managed virtual workspaces, specializing in desktop virtualization services. The company's flagship product, vDesk, is an innovative software platform that allows enterprise users to securely access their personalized desktop environment from any Windows PC worldwide. This solution enhances user productivity by enabling access to applications, data, and settings from various locations, including offices, homes, and client sites. By leveraging vDesk, organizations can reduce desktop management and support costs while overcoming the performance limitations associated with traditional virtualization methods. Founded in 2004 and based in Mountain View, California, RingCube holds 23 pending patents related to its virtualization technology. The company is supported by venture capital firms New Enterprise Associates and Mohr Davidow Ventures.

Ringthree Technologies

Series A in 2006
Ringthree Technologies Inc. is a software company, which develops virtualization technologies for enterprise solution deployment.

Hillcrest Labs

Series B in 2004
Hillcrest Laboratories, Inc. is a leading provider of software, components, and intellectual property focused on the intelligent integration of sensors in consumer electronics, robotics, and IoT devices. The company specializes in sensor fusion technology, transforming human and machine movements into actionable data that enhances product precision across various applications. Its key offerings include the FSP200 processor for robotic navigation, the BNO080/085 system in package for sensor-enabled AR and VR devices, and the FSM300 inertial measurement unit. Hillcrest's technology is utilized in products such as robotic cleaners, handheld motion controllers, and attitude monitoring systems. The company has established strategic relationships with major players in the Smart TV sector, including LG, Roku, and TCL, and has expanded its focus to include the smartphone and gaming industries. Founded in 2001 and based in Rockville, Maryland, Hillcrest Labs has received multiple awards for its innovations and operates as a subsidiary of CEVA, Inc.
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