Northern Light Venture Capital (NLVC) () is a Chinese

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

firm founded in 2005. It focuses on investing in companies in the technology and healthcare sectors.

Background

NLVC was founded in 2005 by Feng Deng, Jeffrey Lee and Yan Ke. Feng Deng and Yan Ke were previously co-founders of

NetScreen Technologies NetScreen Technologies was an American technology company that was acquired by Juniper Networks for US$4 billion stock for stock in 2004. NetScreen Technologies developed ASIC-based Internet security systems and appliances that delivered high pe ...

, an IT Security company that went public on Nasdaq in 2001 and was later acquired by

Juniper Networks Juniper Networks, Inc. is an American multinational corporation headquartered in Sunnyvale, California. The company develops and markets networking products, including Router (computing), routers, Network switch, switches, network management so ...

in 2004 for $4.2 billion.

New Enterprise Associates New Enterprise Associates (NEA) is an American-based venture capital firm. NEA focuses investment stages ranging from seed stage through growth stage across an array of industry sectors. With over $25 billion in committed capital, NEA is one of t ...

and Min Zhu (co-founder of

WebEx Webex by Cisco, is an American subsidiary of Cisco Systems that develops and sells web conferencing, videoconferencing and contact center as a service applications. It was founded as WebEx Communications, Inc., in 1995 and acquired by Cisco Sy ...

) were initial backers of the firm when it was raising its first fund.

Greylock Partners Greylock Partners is one of the oldest venture capital firms, founded in 1965, with committed capital of over $3.5 billion under management. The firm focuses on early-stage companies in consumer and enterprise software. History Greylock wa ...

is another early backer of the firm. NLVC invests 70% of its funds into

Series A round A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in excha ...

s, 20% in

Series B round A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the p ...

s and 10% into

Seed round Seed money, also known as seed funding or seed capital, is a form of securities offering in which an investor puts capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggest ...

s. Notable investments include

Aerohive Networks Aerohive Networks, Inc. was an American multinational computer networking equipment company headquartered in Milpitas, California, with 17 additional offices worldwide. The company was founded in 2006 and provided wireless networking to medium-s ...

Meituan Meituan ( zh, p=Měituán, c=美团, literally "beautiful group"; formerly Meituan–Dianping, literally "beautiful group–reviews") is a Chinese shopping platform for locally found consumer products and retail services including entertainment ...

and

VIPKid VIPKid, also known as VIPKID, is an online teaching and education company. History Founded in 2013 and formally launched in 2014 by Cindy Mi, the VIPKid platform connects paying students with teachers in the United States and Canada. Its online ...

. NLVC has offices in

Silicon Valley Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley ...

, Hong Kong and several cities in China including, Beijing, Shanghai.

Funds

References

External links

* {{authority control Chinese companies established in 2005 Financial services companies established in 2005 Investment management companies of China Venture capital firms of China