New Enterprise Associates Names Brooke Seawell Venture Partner; Enhances NEA's Technology Team.MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif. -- New Enterprise Associates (NEA NEA abbr. 1. National Education Association 2. National Endowment for the Arts NEA (US) n abbr (= National Education Association) → Verband für das Erziehungswesen ) today announced that Brooke Seawell has joined as a Venture Partner, effective January 1st, 2005. Mr. Seawell will put his 25-plus years' experience in technology finance and operations to work with the technology team out of NEA's Menlo Park office. "Many of us at NEA have worked with Brooke during his Silicon Valley career and consider him one of the finest high-tech CFOs," said Mark Perry Mark Perry is the name of:
Mr. Seawell has spent the past five years with Technology Crossover Ventures (TCV TCV Total Contract Value TCV Tokyo City View TCV Treasury Corporation of Victoria (Australia) TCV Temperature Control Valve (Industrial control description) TCV Total Containment Vessel ), where he focused on software and semiconductor companies. Prior to TCV, he was executive vice president of NetDynamics, an application server software company, which was acquired by Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. . From 1991-1997, he was senior vice president, finance and operations and CFO See Chief Financial Officer. of Synopsys, an electronic design automation software company, which he took public in 1992. Previously, Brooke was vice president, finance and production and CFO at Weitek, a semiconductor company, which he took public in 1988. In 1979, he co-founded and was CFO of Southwall Technologies. In 1990 Upside magazine recognized Mr. Seawell in its list of the top 15 high-tech CFOs. Mr. Seawell holds a B.A. and M.B.A. from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. . He currently serves on the Board of Directors for two public companies - NVIDIA and Informatica. "I'm delighted to join the NEA team," said Mr. Seawell. "NEA has an extraordinary track record of success in building leading technology companies and providing excellent returns to its investors. I look forward to working with the NEA partners and portfolio company management teams in the coming years." About NEA New Enterprise Associates (NEA) is a leading venture capital firm focused on helping entrepreneurs create and build major new enterprises that use technology to improve the way we live, work and play. Since its founding in 1978, the firm has followed the same basic principles: support their entrepreneurs, provide an excellent return to their limited partners and practice their profession with high standards and respect. Practicing classic venture capital for over 25 years, NEA focuses on early stage investments, playing an active role in assisting management to build companies of lasting value. With $6 billion under management, NEA's experienced management team has invested in over 500 companies, of which more than 145 have gone public and more than 185 have been acquired. NEA has offices in Menlo Park, California Menlo Park is a city in San Mateo County, California in the United States of America. It is located at latitude 37°29' North, longitude 122°9' East. Menlo Park had 30,785 inhabitants as of the 2000 U.S. Census. ; Reston, Virginia; and Baltimore, Maryland. For additional information, visit www.nea.com. |
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