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Investments

39

Portfolio Exits

8

Funds

2

About Newlight Management

Newlight Management is an innovative alternative investment firm focused on technology companies. They manage public equity and venture capital funds that support visionary management teams with leading technologies.

Newlight Management Headquarter Location

245 5th Avenue

New York, New York, 10016-8728,

United States

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Latest Newlight Management News

Dr. Robert M. Brill Joins CVD’s Board of Directors

Apr 17, 2018

April 17, 2018 05:31 PM Eastern Daylight Time CENTRAL ISLIP, N.Y.--( BUSINESS WIRE )--CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition systems and materials, today announced today announced that Dr. Robert M. Brill has been elected to its Board of Directors effective April 16, 2018. With the addition of Dr. Brill, the board has six directors. Dr. Robert M. Brill is co-founder and managing partner of Newlight Management, headquartered in Jericho, New York, a venture capital fund that focuses on early stage technology companies. Prior to co-founding Newlight, Dr. Brill was a general partner of Poly Ventures, a Long Island based venture capital fund. Newlight and Poly Ventures have collectively invested in over 60 private companies including Long Island based Fatwire, Invision, and Globecomm. He is currently on the Board of Directors of the L.I. Angel Network, the L.I. High Tech Incubator and several private companies. He has served on the Board of Directors of multiple public and private companies. Prior to joining Poly Ventures, Dr. Brill was a successful turnaround CEO at both private and public companies. He served as General Manager of Harris Corporation’s CMOS Semiconductor Division where he was responsible for launching the world’s first two commercial 16-bit CMOS microprocessors. He also held various technical and management positions at IBM’s semiconductor operation. Dr. Brill holds a Ph.D. in nuclear physics from Brown University and a B.A. and a B.S. in Engineering Physics from Lehigh University. He is a member of Phi Beta Kappa and Tau Beta Pi. He is a founding member of the Technical Advisory Board of the Semiconductor Research Corporation and was elected to the L.I. Technology Hall of Fame. He holds multiple patents and invention disclosures. Leonard A. Rosenbaum, President and Board Chairman of CVD Equipment Corporation welcomed Dr. Brill to the Board, stating, “Dr. Brill, through his insight, market knowledge, and broad range of technical and industry experience, will be a valuable asset to CVD as our Company continues to expand and commercialize exciting new technologies. We look forward to working with Bob.” About CVD Equipment Corporation CVD Equipment Corporation (NASDAQ: CVV ) designs, develops, and manufactures a broad range of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. This equipment is used by its customers to research, design, and manufacture these materials or coatings for aerospace engine components, medical implants, semiconductors, solar cells, smart glass, carbon nanotubes, nanowires, LEDs, MEMS, and other applications. Through its application laboratory, the Company provides process development support and process startup assistance with the focus on enabling tomorrow’s technologies™. It’s wholly owned subsidiary CVD Materials Corporation provides advanced materials and metal surface treatments and coatings to serve demanding applications in the electronic, biomedical, petroleum, pharmaceutical, and many other industrial markets. The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by CVD Equipment Corporation) contains statements that are forward-looking. All statements other than statements of historical fact are hereby identified as “forward-looking statements, “as such term is defined in Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking information involves a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed or anticipated by management. Potential risks and uncertainties include, among other factors, conditions, success of CVD Equipment Corporation’s growth and sales strategies, the possibility of customer changes in delivery schedules, cancellation of orders, potential delays in product shipments, delays in obtaining inventory parts from suppliers and failure to satisfy customer acceptance requirements.

Newlight Management Investments

39 Investments

Newlight Management has made 39 investments. Their latest investment was in ChipX as part of their Series B on July 7, 2008.

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Newlight Management Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/21/2008

Series B

ChipX

$4M

No

5/18/2007

Series B

videoNEXT Federal

$5.4M

No

10/4/2006

Seed

Raketu Communications

$1M

Yes

1

2/20/2006

Unattributed VC - IV

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$99M

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0

12/5/2005

Series A

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$99M

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0

Date

7/21/2008

5/18/2007

10/4/2006

2/20/2006

12/5/2005

Round

Series B

Series B

Seed

Unattributed VC - IV

Series A

Company

ChipX

videoNEXT Federal

Raketu Communications

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Amount

$4M

$5.4M

$1M

$99M

$99M

New?

No

No

Yes

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Co-Investors

Sources

1

0

0

Newlight Management Portfolio Exits

8 Portfolio Exits

Newlight Management has 8 portfolio exits. Their latest portfolio exit was Sonics on March 13, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/13/2019

Acquired

1

8/8/2012

IPO

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$99M

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0

11/10/2009

Acquired

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10

8/6/2009

Acquired

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$99M

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10

6/20/2007

IPO

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$99M

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0

Date

3/13/2019

8/8/2012

11/10/2009

8/6/2009

6/20/2007

Exit

Acquired

IPO

Acquired

Acquired

IPO

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

1

0

10

10

0

Newlight Management Fund History

2 Fund Histories

Newlight Management has 2 funds, including Newlight Associates II LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/31/2000

Newlight Associates II LP

Multi-Stage Venture Capital

Closed

$70M

1

4/30/1998

Newlight Associates LP

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$99M

10

Closing Date

12/31/2000

4/30/1998

Fund

Newlight Associates II LP

Newlight Associates LP

Fund Type

Multi-Stage Venture Capital

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Status

Closed

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Amount

$70M

$99M

Sources

1

10

Newlight Management Team

4 Team Members

Newlight Management has 4 team members, including current Chief Financial Officer, Robert F. Schoff.

Name

Work History

Title

Status

Robert F. Schoff

Chief Financial Officer

Current

Robert M. Brill

Managing Partner

Current

Michael McMorrow

Chief Financial Officer

Former

Robert F. Raucci

Managing Partner

Former

Name

Robert F. Schoff

Robert M. Brill

Michael McMorrow

Robert F. Raucci

Work History

Title

Chief Financial Officer

Managing Partner

Chief Financial Officer

Managing Partner

Status

Current

Current

Former

Former

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