NVP focuses on early stage and select late stage investments in information technology including: semiconductor and components, systems, software, services and Internet, media and consumer. The firm currently manages more than $2.5 billion in venture capital out of its office in Palo Alto, California, USA
NVP has funded over 400 companies since inception. Recent NVP transactions include Reliance Globalcom (formerly Yipes - acquired by Reliance/Flag Telecom), Open-Silicon (acquired by Unicorn Investment Bank), Sidestep (acquired by Kayak), Airespace (acquired by Cisco Systems), Resonext Communications (acquired by RF Micro Devices), Spinnaker Networks (acquired by Network Appliance), Veraz Networks, and Winphoria Networks (acquired by Motorola). NVP has also funded such market leaders as Actel Corporation, Brocade Communications, Cerent (acquired by Cisco Systems), Documentum, Extreme Networks, Forte Software (acquired by Sun Microsystems), PeopleSoft and Tivoli Systems (acquired by IBM).