Welcome!

@BigDataExpo Authors: Pat Romanski, Carmen Gonzalez, Elizabeth White, AppNeta Blog, Gerardo A Dada

News Feed Item

Norwest Venture Partners Strengthens Leadership Team and Launches Into 2013 With Record Growth and Momentum

Jeff Crowe and Matthew Howard Promoted to Managing Partner; Sonya Brown Promoted to General Partner

PALO ALTO, CA -- (Marketwire) -- 01/23/13 -- Norwest Venture Partners (NVP), a global multi-stage investment firm, today announced that Matthew Howard and Jeff Crowe have been promoted to Managing Partner, and Sonya Brown has been promoted to General Partner.

NVP strengthens its leadership team as the firm enters 2013 with significant growth and investment momentum across multiple stages, regions and sectors. During the last 12 months, NVP made 30 new venture and growth equity investments globally, grew the firm to 80 employees worldwide, and brought its total number of active portfolio companies to more than 100.

Also announced today, Promod Haque has been named to Senior Managing Partner at NVP. Haque continues his leadership position at the firm, making and overseeing new investments and playing an active role on the boards of such NVP portfolio companies as Apigee, CareCloud, Cyan, FireEye, Health Catalyst, PCH International, Virtela and Yatra. After nearly 25 years with NVP, Managing Partner George Still is transitioning to Partner Emeritus.

"Today's promotions recognize the deep talent and strong contributions our partners have made to our firm and our portfolio companies," said Haque. "Jeff and Matt have delivered outstanding results to NVP over the years and earned the respect of the entrepreneurs and investors with whom they've worked. They have both played an integral role in building NVP globally and adding significantly to our firm's culture and overall success. We look forward to their ongoing contributions and leadership as managing partners in the years ahead."

The NVP Growth Equity team has seen strong growth in the past year, expanding to 13 investment professionals in the U.S. and investing more than $250 million in seven new companies. "Sonya has been a tremendous asset to our growth equity team and a strong contributor to our firm," Haque added. "We're pleased to recognize Sonya and look forward to continued success in her general partner role at NVP."

Matthew Howard joined NVP in 2000 with 25 years of experience in marketing, product management, engineering, business development and sales in a wide range of technologies. Matt leads NVP's Enterprise & Infrastructure sector team that actively partners with entrepreneurs in the big data, cloud infrastructure, healthcare IT, enterprise systems, mobile, security and storage sectors. NVP has invested more than $80 million in new venture investments in these sectors during the last 12 months, including such companies as ClearDATA Networks, Health Catalyst, Pertino, Elemental Technologies, Skybox Imaging, Seculert, ScaleIO and Act-On Software.

Matt has appeared on the Forbes Midas List as a top 100 investor for three years. He focuses on mobile, security, rich media, cloud based services/applications, networking and storage investments at NVP and currently serves on the boards of Avere Systems, Blue Jeans Network, ConteXtream, Exablox, Hadapt, MobileIron and Pertino Networks. He is a board observer at FireEye. Previously, Matt was on the board of Airespace (acquired by Cisco Systems), Omneon (acquired by Harmonic), Reconnex (acquired by McAfee), Retrevo (acquired by Shopzilla), Skystream Networks (acquired by Tandberg Television), SpectraLinear (acquired by Silicon Laboratories), Spinnaker Networks (acquired by Network Appliance), Summit Microelectronics (acquired by Qualcomm), Swan Labs (acquired by F5 Networks) and Webstacks (acquired by Extreme Networks). He was a board observer with Veraz Networks (NASDAQ: VRAZ), Yipes (acquired by Reliance/Flag Telecom) and ZettaCom (acquired by IDT).

Before joining NVP, Matt was an early employee of Cisco. After joining the company in 1992, Matt held a number of senior positions with Cisco's IOS organization and the Internet Business Unit. Previously, Matt was vice president of marketing at Vertical Communications and held various positions at Digital Equipment Corporation, BDM International, and Bolt, Beranek and Newman (BBN) Communications Corporation. He began his career as a cryptological analyst with the U.S. Naval Security Group. Matt served as a consultant to the U.S. Department of Defense (DeVenCI) Program. He also holds one patent in mobility and two in cyber security. Matt holds a bachelor of business administration, with an emphasis in information systems, and a master of science degree in telecommunications management. View Matt Howard's complete biography here.

Jeff Crowe joined NVP in 2004 and focuses on Internet, consumer and software investments at NVP. Jeff leads NVP's Internet & Consumer sector team that actively partners with entrepreneurs in the ad tech, consumer services, digital media, e-commerce, enabling Internet technologies, mobile, retail and social sectors. The team has invested in such market leaders as Adaptive Planning, Badgeville, The Echo Nest, Gemvara, Gilt Groupe, Lending Club, Lumosity, ModCloth, Motif Investing, Quirky, Rafter, Turn and WhaleShark Media (RetailMeNot.com). NVP has invested more than $80 million in new venture investments in the enabling Internet technologies and e-commerce sectors during the last 12 months.

Jeff currently serves on the boards of AdChina, All Reach Media, Badgeville, deCarta, Extole, InfoArmy, Lending Club, Nano-Tex, SocialVibe, The Echo Nest, Turn and WhaleShark Media. He is also involved with Lashou. Jeff's previous investments include Admeld (acquired by Google), Jigsaw (acquired by Salesforce.com), Tuvox (acquired by West Interactive), and he was a board observer at Cast Iron Systems (acquired by IBM).

Prior to NVP, Jeff served as President, COO and board member of DoveBid, Inc., a privately held business auction firm, which expanded during his tenure via internal growth and acquisition from a $10 million revenue run rate to a $120 million revenue run rate with 400 employees. From 1990 to 1999, Jeff was co-founder, President, CEO and Board member of Edify Corporation, a venture backed company focused on voice and internet e-commerce platforms and applications. Edify held its IPO in 1996 and was sold to S1 Corporation in 1999. Previously, Jeff worked at ROLM Corporation, IBM and Siemens in marketing and general management. Jeff led the marketing for the voice messaging division within ROLM, which grew from startup to $50 million in revenue. Jeff holds an MBA from Stanford Graduate School of Business, where he was an Arjay Miller Scholar, and a BA in History, summa cum laude, from Dartmouth College. View Jeff Crowe's complete biography here.

Sonya Brown joined NVP in 2011. She has more than a decade of growth equity experience and is focused on investing across a wide range of sectors including consumer, information services, software, business services and financial services. Sonya is a part of the NVP Growth Equity team which has grown to 13 investment professionals in the U.S. and 19 growth equity investment professionals globally. The U.S. Growth Equity team invested more than $250 million in seven new companies over the last 12 months, including such companies as Alarm Capital Alliance (ACA), Manta Media, PICS, Rainmaker Group and other transactions that have not yet been announced. The team continues to expand to pursue the many prospects it is seeing -- particularly fast growing companies with strong market positions, significant revenue and net income traction.

Sonya currently sits on the board of directors of Alarm Capital Alliance (ACA), as well as two other undisclosed NVP growth equity companies. Previously, Sonya was at Summit Partners, a private equity firm with more than $11 billion under management, where she worked for nine years in the Boston office and was responsible for leading the firm's Consumer and Internet Industry Group in North America. Her most recent and past board directorships and investments include Aramsco, Airborne Health, Central Security Group, Physicians Formula Holdings (NASDAQ: FACE), Snap Fitness and Sparta Systems.

Prior to Summit, Sonya was a founder and General Partner of iXL Ventures in 1999, where she oversaw the funding and growth of numerous technology and Internet companies. In addition, she was Vice President of Corporate Development for the parent company iXL Enterprises, Inc., one of the largest global web development companies at that time. Sonya began her career in the investment banking division of Bear Stearns where she worked on numerous consumer and media transactions. Sonya holds a bachelor of science degree from Northwestern University and an MBA from Harvard Business School. In addition, she is a Chartered Financial Analyst. View Sonya Brown's complete biography here.

About Norwest Venture Partners
Norwest Venture Partners (NVP) is a multi-stage investment firm that has partnered with entrepreneurs to build great businesses for more than 50 years. The firm manages over $3.7 billion in capital and has funded more than 500 companies since inception. Headquartered in Palo Alto, Calif., NVP has subsidiaries in Mumbai and Bengaluru, India and Herzelia, Israel. NVP makes early to late-stage venture and growth equity investments across a wide range of sectors including: technology, information services, business services, financial services, consumer products/services and healthcare. For more information visit: www.nvp.com. Follow NVP on Twitter @NorwestVP.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2208803
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2208811
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2208814
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2208817

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@BigDataExpo Stories
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
"MathFreeOn.com is a line coding platform for engineers and scientists. When they want to solve an engineering problem and they have to use software - they have to pay a lot of money for licenses - but with MathFreeOn you don't have to pay a lot of money. Just go to our site and write the code and you can check the result right away," explained Simon Lee, CMO of MathFreeOn, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Cla...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Infrastructure is widely available, but who’s managing inbound/outbound traffic? Data is created, stored, and managed online – who is protecting it and how? In his session at 19th Cloud Expo, Jaeson Yoo, SVP of Business Development at Penta Security Systems Inc., discussed how to keep any and all infrastructure clean, safe, and efficient by monitoring and filtering all malicious HTTP/HTTPS traffic at the OSI Layer 7. Stop attacks and web intruders before they can enter your network.
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
"We analyze the video streaming experience. We are gathering the user behavior in real time from the user devices and we analyze how users experience the video streaming," explained Eric Kim, Founder and CEO at Streamlyzer, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...