Industry Recognition

VentureBeat, October 2009:

"An impressive group of investors, led by Verizon, has created a fund to boost the development of next-generation 4G mobile products and services. The 4G Venture Forum's participants include Alcatel-Lucent Ventures, Charles River Partners, New Venture Partners, North Bridge Venture Partners, Norwest Venture Partners, and Redpoint Ventures."

Dow Jones Private Equity Analyst, December 2008:

"Enter New Venture Partners. The firm, a specialist in corporate spinouts, spent months negotiating complicated agreements that would allow it to pluck out 50 people, a manufacturing line and an intellectual property portfolio of more than 200 patents from Freescale. Ultimately, New Venture Partners put together a syndicate that invested $20 million. ...Such complexities would frighten off most venture firms. But New Venture Partners has spent years perfecting the art of the high-tech corporate spinout."

FOX Business News, July 2008:

"While there are some VCs who dip their toes in corporate spin offs...the commitment needed to do this kind of VC investing is off-putting for many venture capitalists. ...In the past few years, New Venture Partners' reputation as a partner for corporate R&D has spread, resulting in companies coming to them. It doesn't hurt that the VCs at New Venture Partners have experience in big corporations."

Reuters, June 2008:

"New Venture Partners is one of a handful of venture capital firms that specialize in carving out units within large companies and providing venture funding to them. Rather than looking in dorm rooms and garage shops for the next big idea, these venture capitalists shop inside the research departments of large companies for marketable technologies that can be spun off into standalone businesses."

Real Deals, December 2007:

“Corporates are increasingly open to the idea of spinning out non-core technologies form their research labs. While few corporate venture investors are active in the area, New Venture Partners has established a strong track record.”

The Wall Street Journal, March 2005:

"[New Ventures Partners has] a mission to help companies commercialize promising ideas. …[Its] unique model provides a blueprint for many global corporations. …The appeal of [the] model is the real payoff for all companies involved. The parent company profits from an ownership stake in the spinoff and access to technology that has been refined and developed by a company that knows how. The spinoff benefits because it starts life with stable finances, a breakthrough product and an established customer base."

RCR Wireless News, March 2005:

"New Ventures Partners retains the spirit of venture capitalism, but breaks much of the mold."

Technology Review, March 2004:

"While other companies….specialize in building startups around technologies from large R&D organizations, New Ventures probably has the most advanced set of processes and the deepest network of contacts."

The Deal.com, November 2003:

"Partnering with New Ventures Partners enables a new channel to the marketplace for Philips Research projects. …New Ventures Partners’ proven track record of incubating and growing new businesses from corporate laboratories will strengthen [Philips] strategy of creating growth opportunities for the corporation. …The firm has established itself as a pioneer in a niche traditional venture capitalists don’t serve."

Ernst & Young:

Rated #1 globally by Ernst & Young Benchmarking Study for internal corporate venture creation in 2001

Harvard Business School:

The New Venture Partners team has been the subject of two Harvard Business School Case studies

Corporate Strategy Board, January 2000:

"Through the study of several (corporate) new venture divisions, the Corporate Strategy Board has identified six attributes for success; Lucent Technologies’ New Venture Group most thoroughly incorporates these attributes."