NEA Venture Firm Names New Partners, Senior Investors

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">MENLO PARK<&sol;span> and <span class&equals;"xn-location">NEW YORK <&sol;span><&sol;span><&sol;strong>&&num;8212&semi; Venture capital firm New Enterprise Associates &lpar;NEA&rpar; has announced several promotions&period; <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;638556272&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Faaron-jacobson&amp&semi;a&equals;Aaron&plus;Jacobson" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Aaron Jacobson<&sol;span><&sol;a> and <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;2493891172&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fvanessa-larco&amp&semi;a&equals;Vanessa&plus;Larco" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Vanessa Larco<&sol;span><&sol;a>&comma; both technology investors&comma; have been elevated to senior investing team roles with appointments to the firm&&num;8217&semi;s Venture Capital Investment Committee&period; NEA also promoted three individuals to Partner&colon;  <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;3828721731&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fdanielle-lay&amp&semi;a&equals;Danielle&plus;Lay" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Danielle Lay<&sol;span><&sol;a> and <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;1020026001&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fluke-pappas&amp&semi;a&equals;Luke&plus;Pappas" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Luke Pappas<&sol;span><&sol;a> on the technology investing team&comma; and healthcare investor <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;2845633083&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Flily-huang&amp&semi;a&equals;Lily&plus;Huang" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Lily Huang<&sol;span><&sol;a>&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We are delighted to recognize the many contributions both Aaron and Vanessa have made to our investing practices&comma; as well as the significant impact each has had on our organization&comma;&&num;8221&semi; said <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;271535392&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fscott-sandell&amp&semi;a&equals;Scott&plus;Sandell" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Scott Sandell<&sol;span><&sol;a>&comma; CEO&comma; NEA&period; &&num;8220&semi;Both have played important roles in helping to build some of the most successful and transformational companies in our portfolio&comma; forging deep&comma; trusting relationships with the entrepreneurs they support along the way&period; Aaron and Vanessa embody our shared values of trust&comma; teamwork&comma; and excellence across all facets of their work&comma; from helping to shape our sector strategies to mentoring the next generation of talent&comma; and we look forward to their continued success in these new roles&period;&&num;8221&semi;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;638556272&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Faaron-jacobson&amp&semi;a&equals;Aaron&plus;Jacobson" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Aaron Jacobson<&sol;span><&sol;a>&comma; who joined NEA in 2011&comma; is an enterprise technology investor focused on AI&sol;ML&comma; developer tools&comma; cloud infrastructure&comma; robotics&comma; and cybersecurity&period; He is a director of flox&comma; Crowdbotics&comma; Embrace&comma; Pulumi&comma; DeltaStream&comma; Rapid Robotics&comma; Outrider&comma; Tigera&comma; and ForAllSecure and works closely with Databricks&comma; Antimatter&comma; and others&period; Jacobson also played a key role in the firm&&num;8217&semi;s historic investments in Box&comma; NGINX&comma; StreamSets&comma; and Illusive Networks&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;2493891172&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fvanessa-larco&amp&semi;a&equals;Vanessa&plus;Larco" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Vanessa Larco<&sol;span><&sol;a> joined NEA in 2016 and invests in enterprise software and consumer technology companies&period; She is a director of Assembled&comma; Cleo&comma; Evernow&comma; Evident ID&comma; Kindred&comma; Mejuri&comma; and Rocket&period;Chat&period; Additionally&comma; Larco led NEA&&num;8217&semi;s investment in Greenlight and was a board observer at Robinhood&period; She serves on the boards of LatinxVC and Venture Atlanta&period;<&sol;p>&NewLine;<p>Jacobson&&num;8217&semi;s and Larco&&num;8217&semi;s new roles reflect several recent updates to NEA&&num;8217&semi;s organizational structure—notably&comma; the firm retired the title of &&num;8220&semi;General Partner&&num;8221&semi; and now designates its senior investment personnel by appointment to the Venture Capital Investment Committee or Venture Growth Equity Investment Committee&period; The promotions of <span class&equals;"xn-person">Danielle Lay<&sol;span>&comma; <span class&equals;"xn-person">Luke Pappas<&sol;span> and <span class&equals;"xn-person">Lily Huang<&sol;span> to Partner continue NEA&&num;8217&semi;s long-standing emphasis on promoting from within&comma; recognizing the outstanding contributions each has made as a core member of the firm&&num;8217&semi;s investing team&period;<&sol;p>&NewLine;<p>&&num;8220&semi;There&&num;8217&semi;s a long-running quip at NEA that promotions typically come after someone has already been doing the job for quite some time&comma; and it&&num;8217&semi;s hard to imagine two more apt examples than Danielle and Luke&comma;&&num;8221&semi; said <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;948823048&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Ftony-florence&amp&semi;a&equals;Tony&plus;Florence" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Tony Florence<&sol;span><&sol;a>&comma; Co-President&comma; NEA&comma; who has worked closely with both investors since they joined the firm in 2017&period; &&num;8220&semi;They are culture carriers who reflect the very best of NEA in all they do&comma; and each has shown tremendous leadership&comma; acumen&comma; and commitment in their work—from Luke&&num;8217&semi;s efforts to expand our operations in <span class&equals;"xn-location">Europe<&sol;span> to Danielle&&num;8217&semi;s role in developing NEA&&num;8217&semi;s sector theses in emerging areas of focus&period; We&&num;8217&semi;re very excited to celebrate their many contributions with these promotions&period;&&num;8221&semi;<&sol;p>&NewLine;<p>NEA Co-President <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;4106021866&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fmohamad-makhzoumi&amp&semi;a&equals;Mohamad&plus;Makhzoumi" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Mohamad Makhzoumi<&sol;span><&sol;a>&comma; who has mentored Huang since she joined the firm in 2017&comma; noted that &&num;8220&semi;Lily has continually distinguished herself as an investor&comma; company builder and consummate teammate&period; She has been involved in company formation&comma; provided critical support to growing businesses&comma; and played an important role in numerous transactions across our healthcare portfolio&period; Resolve&comma; resourcefulness&comma; and an unflappable demeanor are just a few hallmark traits of this talented investor&comma; and I&&num;8217&semi;m thrilled to recognize her contributions with this promotion to Partner&period;&&num;8221&semi;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;2845633083&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Flily-huang&amp&semi;a&equals;Lily&plus;Huang" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Lily Huang<&sol;span><&sol;a> focuses primarily on digital health investments&period; She is a director of Curana Health&comma; Elion&comma; and Vori Health and serves as a board observer of Belong Health&comma; Everside Health&comma; Strive Health&comma; and triValence&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;3828721731&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fdanielle-lay&amp&semi;a&equals;Danielle&plus;Lay" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Danielle Lay<&sol;span><&sol;a> invests in consumer technology with particular focus on social-viral and e-commerce infrastructure&period; She is a director of Goody and serves as a board observer of Block Renovation&comma; Burrow&comma; Fizz&comma; Formlabs&comma; Pair&comma; Prime Financial Technologies&comma; and THE WELL&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;1020026001&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fluke-pappas&amp&semi;a&equals;Luke&plus;Pappas" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Luke Pappas<&sol;span><&sol;a> invests in consumer and enterprise companies&comma; serving as a board observer or working closely with Aquabyte&comma; Bliq&comma; goop&comma; Konux&comma; Modyfi&comma; With&comma; and PlayVS&period; He has also been involved in several of the firm&&num;8217&semi;s key strategic initiatives&comma; including its secondary sale in 2018&semi; the formation of Connect Ventures&comma; a joint venture with CAA&semi; and most recently NEA&&num;8217&semi;s expanding presence in <span class&equals;"xn-location">Europe<&sol;span>&period;<&sol;p>&NewLine;<p>In addition to these promotions at the Investment Committee and Partner level&comma; NEA also announced promotions at the Principal and Senior Associate level&period; On the technology team&comma; <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;3703351212&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Falex-sharata&amp&semi;a&equals;Alex&plus;Sharata" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Alex Sharata<&sol;a> was named Principal and <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;683201493&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Farjun-jain&amp&semi;a&equals;Arjun&plus;Jain" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Arjun Jain<&sol;span><&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;3180090642&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fmustafa-neemuchwala&amp&semi;a&equals;Mustafa&plus;Neemuchwala" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Mustafa Neemuchwala<&sol;span><&sol;a>&comma; and <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;653013738&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fhunter-worland&amp&semi;a&equals;Hunter&plus;Worland" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Hunter Worland<&sol;span><&sol;a> were promoted to Senior Associate&period;  Healthcare investing team promotions include <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;1592377662&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fjames-buxton-md&amp&semi;a&equals;James&plus;Buxton" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">James Buxton<&sol;span><&sol;a> and <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;321992207&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Flulu-xu&amp&semi;a&equals;Lulu&plus;Xu" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Lulu Xu<&sol;span><&sol;a> to Principal and <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3867297-1&amp&semi;h&equals;1416290227&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nea&period;com&percnt;2Fteam&percnt;2Fmichael-li&amp&semi;a&equals;Michael&plus;Li" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><span class&equals;"xn-person">Michael Li<&sol;span><&sol;a> to Senior Associate&period;<&sol;p>&NewLine;

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