
Investments
226Portfolio Exits
70Funds
15Partners & Customers
3Service Providers
1About NewSpring Capital
NewSpring Capital focuses on growth equity, control buyouts, platform builds, and mezzanine debt strategies. It targets profitable, growing companies in business process automation, services, software, and niche manufacturing and distribution. NewSpring Capital provides growing companies with financial resources, advice, a network of contacts, and strategic partnerships. The company is based in Wayne, Pennsylvania.

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Latest NewSpring Capital News
Jun 30, 2023
NewSpring leads $29M round for remote work security company Venn SHARE Remote work security company Venn Technology Corp. announced today that it had raised $29 million in new funding in a round led by NewSpring Capital Inc. to support product development, growth and customer demand. Founded in 2010, Venn describes itself as a pioneer in the Secure Bring Your Own PC field with technology designed to facilitate and secure remote work on any computer. The company’s solution offers Mobile Device Management-like functionality but for laptops, providing a simplified and cost-effective alternative to the traditional virtual desktop infrastructure. The company argues that as remote work has become normalized and the workforce becomes more distributed, employee computing models previously suitable for “office-first” are less effective in a “remote-first” world. Added into the mix is the blurring of personal and business time and the rise of contractors, gig and offshore workers pushing companies to look for new ways to secure remote work. Venn claims that traditional solutions, like VDI, are costly and often frustrate users due to latency and slowness. Newer solutions, such as Enterprise Browsers, are said to have strict limitations around application use and network integration. This is where Venn’s service steps. The company’s service creates a Secure Enclave on the user’s computer, where all work activities are isolated and encrypted. Doing so allows business applications to run locally within the enclave, protecting company data without needing to control or lock down the entire device. The solution gives businesses more control over their data without requiring any backend infrastructure. “Before Venn, companies had to ship laptops or rely on complex and costly VDI technology to support remote workers and stay compliant with regulatory requirements,” David Matalon, chief executive officer and co-founder of Venn, said in a statement . “Instead of having to buy, manage and lock down every PC, remote work can now easily be secured on any BYOD or unmanaged computer. Alongside the funding announcement, Venn also announced that it has recently been awarded a key patent that is said to represent a significant step forward in the security of remote work technology. The patent, titled “Secure Visual and Computational Boundary for a Subset of Resources on a Computing Machine,” outlines Venn’s approach to creating a Secure Enclave on a user’s computer. Venn says that the patent strengthens its intellectual property and substantiates its unique approach to BYO-PC technology. Image: Venn A message from John Furrier, co-founder of SiliconANGLE: Your vote of support is important to us and it helps us keep the content FREE. One-click below supports our mission to provide free, deep and relevant content.
NewSpring Capital Investments
226 Investments
NewSpring Capital has made 226 investments. Their latest investment was in AeroSafe Global as part of their Series F on August 8, 2023.

NewSpring Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
8/29/2023 | Series F | AeroSafe Global | $43M | Yes | 2 | |
7/18/2023 | Seed | Lawton Standard | Yes | 1 | ||
6/28/2023 | Series A | Venn | $29M | Yes | 4 | |
4/11/2023 | Series B | |||||
3/16/2023 | Private Equity |
Date | 8/29/2023 | 7/18/2023 | 6/28/2023 | 4/11/2023 | 3/16/2023 |
---|---|---|---|---|---|
Round | Series F | Seed | Series A | Series B | Private Equity |
Company | AeroSafe Global | Lawton Standard | Venn | ||
Amount | $43M | $29M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 1 | 4 |
NewSpring Capital Portfolio Exits
70 Portfolio Exits
NewSpring Capital has 70 portfolio exits. Their latest portfolio exit was LookingGlass Cyber Solutions on April 17, 2023.
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 |
---|---|---|---|---|---|
4/17/2023 | Acquired | 7 | |||
6/20/2022 | Acquired | 1 | |||
6/6/2022 | Merger | 1 | |||
Date | 4/17/2023 | 6/20/2022 | 6/6/2022 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 7 | 1 | 1 |
NewSpring Capital Acquisitions
24 Acquisitions
NewSpring Capital acquired 24 companies. Their latest acquisition was Bridge Core on July 26, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/26/2023 | Acq - Fin | 1 | ||||
6/26/2023 | Acq - Fin | 2 | ||||
1/12/2023 | Acq - Fin | 1 | ||||
4/13/2021 | ||||||
4/6/2021 |
Date | 7/26/2023 | 6/26/2023 | 1/12/2023 | 4/13/2021 | 4/6/2021 |
---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Fin | Acq - Fin | Acq - Fin | ||
Sources | 1 | 2 | 1 |
NewSpring Capital Fund History
15 Fund Histories
NewSpring Capital has 15 funds, including NSF Duck 2.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
7/31/2023 | NSF Duck 2 | $1.8M | 2 | ||
8/5/2021 | NewSpring Mezzanine Capital IV | $364M | 2 | ||
4/29/2021 | NSF Duck | $6.38M | 1 | ||
3/4/2020 | NewSpring Health Capital III | ||||
5/11/2017 | NewSpring Growth Capital IV |
Closing Date | 7/31/2023 | 8/5/2021 | 4/29/2021 | 3/4/2020 | 5/11/2017 |
---|---|---|---|---|---|
Fund | NSF Duck 2 | NewSpring Mezzanine Capital IV | NSF Duck | NewSpring Health Capital III | NewSpring Growth Capital IV |
Fund Type | |||||
Status | |||||
Amount | $1.8M | $364M | $6.38M | ||
Sources | 2 | 2 | 1 |
NewSpring Capital Partners & Customers
3 Partners and customers
NewSpring Capital has 3 strategic partners and customers. NewSpring Capital recently partnered with Lawton Standard on July 7, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
7/18/2023 | Partner | United States | 1 | ||
6/10/2021 | Partner | ||||
3/29/2017 | Vendor |
Date | 7/18/2023 | 6/10/2021 | 3/29/2017 |
---|---|---|---|
Type | Partner | Partner | Vendor |
Business Partner | |||
Country | United States | ||
News Snippet | |||
Sources | 1 |
NewSpring Capital Service Providers
1 Service Provider
NewSpring Capital has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel |
Service Provider | |
---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type |
Partnership data by VentureSource
NewSpring Capital Team
13 Team Members
NewSpring Capital has 13 team members, including current Founder, Managing General Partner, Managing Director, General Partner, Michael A. Dipiano.
Name | Work History | Title | Status |
---|---|---|---|
Michael A. Dipiano | Founder, Managing General Partner, Managing Director, General Partner | Current | |
Name | Michael A. Dipiano | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder, Managing General Partner, Managing Director, General Partner | ||||
Status | Current |
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