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Venture Capital
novakbiddle.com

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Investments

212

Portfolio Exits

52

Funds

6

About Novak Biddle Venture Partners

Novak Biddle Venture Partners was established in 1997 to provide equity financing and assistance to the management of young, information technology companies. NBVP is backed by a number of the country's most prestigious limited partners, and has over $580 million under management. The firm focuses on companies principally located in the Mid-Atlantic region.

Novak Biddle Venture Partners Headquarter Location

7501 Wisconsin Avenue East Tower, Suite 1380

Bethesda, Maryland, 20814,

United States

(240) 497-1910

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Latest Novak Biddle Venture Partners News

Intelli7 Secures $2.1 Million in Financing Led by Novak Biddle Venture Partners

Aug 2, 2017

July 19, 2005 01:57 PM Eastern Daylight Time WASHINGTON--( BUSINESS WIRE )--July 19, 2005--Intelli7, Inc., the pioneer in the application of rich network traffic analysis to better manage and secure networks, announced the completion of a $2.1 million round of financing. The round was led by Novak Biddle Venture Partners, raising their total investment in the company to $3.6 million. "We appreciate the strong financial and strategic support we have received from Novak Biddle. This funding will be used to accelerate our product development and launch our sales and marketing efforts," commented Phillip Zakas, CEO and Founder of Intelli7. "Intelli7 has developed a fundamentally new approach to securing and managing networks," said Andrea Kaufman, partner at Novak Biddle Venture Partners. "IT is being called upon to do more with less. The market is demanding less complex, but more thorough security. Intelli7 is well positioned to address both of these needs." About Intelli7, Inc. Intelli7 is the pioneer of rich packet payload-based network traffic analysis. Traffic analysis-based security systems block more threats than signature-based systems because of the accuracy and speed of the handshake identification format they employ. Enterprise and government customers use Intelli7 products to prevent the exploitation of network vulnerabilities and prevent the compromise of sensitive information, without effecting the speed or the availability of their networks. Intelli7's products are easily managed by network administrators, and their accuracy ensures a dramatically lower security management burden relative to existing firewall and intrusion prevention systems. Founded in 2004, Intelli7 is located in Washington, DC. For more information visit the company's web site at www.intelli7.com . About Novak Biddle Venture Partners Novak Biddle Venture Partners was established in 1997 to provide equity financing and assistance to the management of young information technology companies. NBVP is backed by a number of the country's most prestigious limited partners, and has over $350 million under management.

Novak Biddle Venture Partners Investments

212 Investments

Novak Biddle Venture Partners has made 212 investments. Their latest investment was in Quad Learning as part of their Series D on February 2, 2018.

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Novak Biddle Venture Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/13/2018

Series D

Quad Learning

$4.8M

Yes

2

8/29/2017

Series D

AdWerx

$4.42M

No

4

8/27/2015

Series E - II

Digital Signal Corporation

$10.89M

No

1

2/5/2015

Series E

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$99M

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10

2/4/2015

Series C

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$99M

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10

Date

2/13/2018

8/29/2017

8/27/2015

2/5/2015

2/4/2015

Round

Series D

Series D

Series E - II

Series E

Series C

Company

Quad Learning

AdWerx

Digital Signal Corporation

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Amount

$4.8M

$4.42M

$10.89M

$99M

$99M

New?

Yes

No

No

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Co-Investors

Sources

2

4

1

10

10

Novak Biddle Venture Partners Portfolio Exits

52 Portfolio Exits

Novak Biddle Venture Partners has 52 portfolio exits. Their latest portfolio exit was ReverbNation on November 05, 2021.

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

11/5/2021

Acquired

3

12/8/2020

Acquired

$99M

1

2/11/2020

Acq - Fin

1

1/15/2019

Acquired

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10

12/5/2018

Acquired

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10

Date

11/5/2021

12/8/2020

2/11/2020

1/15/2019

12/5/2018

Exit

Acquired

Acquired

Acq - Fin

Acquired

Acquired

Companies

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Valuation

$99M

Acquirer

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Sources

3

1

1

10

10

Novak Biddle Venture Partners Acquisitions

1 Acquisition

Novak Biddle Venture Partners acquired 1 company. Their latest acquisition was 1010 Web on June 24, 1999.

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

6/24/1999

$99M

Acquired

Date

6/24/1999

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

Novak Biddle Venture Partners Fund History

6 Fund Histories

Novak Biddle Venture Partners has 6 funds, including Novak Biddle Venture Partners V LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

10/23/2006

Novak Biddle Venture Partners V LP

Early-Stage Venture Capital

Closed

$227M

1

2/15/2004

Novak Biddle Venture Partners IV LP

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$99M

10

1/1/2002

Novak Biddle Venture Partners III LP

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$99M

10

4/19/1999

Novak Biddle Venture Partners II LP

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$99M

10

4/1/1997

Novak Biddle Venture Partners LP

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$99M

10

Closing Date

10/23/2006

2/15/2004

1/1/2002

4/19/1999

4/1/1997

Fund

Novak Biddle Venture Partners V LP

Novak Biddle Venture Partners IV LP

Novak Biddle Venture Partners III LP

Novak Biddle Venture Partners II LP

Novak Biddle Venture Partners LP

Fund Type

Early-Stage Venture Capital

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Status

Closed

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Amount

$227M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Novak Biddle Venture Partners Team

8 Team Members

Novak Biddle Venture Partners has 8 team members, including current Chief Financial Officer, Joy E. Binford.

Name

Work History

Title

Status

A.g.w. Biddle

Founder

Current

Joy E. Binford

Chief Financial Officer

Current

Jack Biddle

Managing General Partner

Current

PV Bocassam

General Partner

Current

A. G. W.

General Partner

Current

Name

A.g.w. Biddle

Joy E. Binford

Jack Biddle

PV Bocassam

A. G. W.

Work History

Title

Founder

Chief Financial Officer

Managing General Partner

General Partner

General Partner

Status

Current

Current

Current

Current

Current

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