Led by veteran investor Ravi Viswanathan, a former General Partner at NEA, the firm is seeking to develop an innovative model in venture capital. NewView also announced the acquisition of a portfolio of diverse growth-stage technology company investments from four funds managed by New Enterprise Associates (NEA).
The fund includes a reserve intended to sustain the growth needs of the existing portfolio and to support new investments in mid-to-late stage companies.
Before founding NewView Capital this year, Viswanathan co-led NEA’s Technology Venture Growth Equity investment practice.
Prior to joining NEA in 2004, he worked at Goldman, Sachs & Co. as co-head of the technology practice in its private equity group. Earlier, Viswanathan worked for McKinsey & Company and Raychem Corporation focusing on R&D. He received an MBA from Wharton, and currently serves on the Wharton Entrepreneurship Advisory Board.
Viswanathan also earned a PhD in Chemical Engineering from UCSB, and a BS in Bioengineering from the University of Pennsylvania.
FinSMEs
03/12/2018