New Enterprise Associates
New Enterprise Associates is a venture capital firm founded in 1977 and based in Menlo Park, California, with offices in the United States, India and China. It makes investments across technology and healthcare startups at multiple stages, from seed to growth, including software, cloud, data, internet services, fintech, AI, e-commerce, and enterprise technology, as well as healthcare information technology, life sciences, medical devices, and biopharma. It also considers energy technology and infrastructure opportunities, such as solar, batteries and smart grids. The firm pursues a global approach, with activity in the United States, Asia and other regions, and supports companies through rounds of financing ranging from small to sizable investments as they scale. NEA focuses on building portfolios in software, IT services, consumer technology, and healthcare technology, backing ambitious entrepreneurs across sectors and geographies.
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Past deals in Remote Work
Ozone
Seed Round in 2023
Ozone is an innovative company that has developed an AI-powered video editing platform designed to enhance the creative process for users. By enabling remote collaboration, Ozone allows creative producers to edit high-definition footage seamlessly without the need for bulky hardware or slow processing times. The platform supports features such as instant video mockup creation, effortless color correction, and real-time previews of edits, making it a valuable tool for those in the creative industry. Ozone's focus is on providing a user-friendly experience that empowers creatives to extend their capabilities and streamline their workflows, all within a cloud-based environment that prioritizes speed and accessibility.
Pulumi Corporation
Series C in 2023
Founded in 2017, Pulumi Corporation operates an infrastructure-as-code platform for developing cloud software. It offers Pulumi SDK, an open-source tool enabling developers to create, deploy, and manage cloud applications and infrastructure using code. The company also provides a web console for collaborative delivery and management of cloud apps and infrastructure across public, private, or hybrid environments.
Rocket.Chat
Series A in 2023
Rocket.Chat Holdings, Ltd., established in 2015, specializes in developing and operating an open-source web chat platform. The company offers a comprehensive suite of features, including video conferencing, helpdesk chat, file sharing, and screen sharing, along with API and native mobile applications. Rocket.Chat also provides white labeling, integrations, and hosting services. With over 500,000 servers installed and 12 million users worldwide, the platform facilitates internal and external communication within a secure environment. Users can run Rocket.Chat on-premises or on the cloud, tailoring the platform with features like individual and group communication, video conferencing, and integration with various external communications platforms. The company's long-term vision is to replace email with a real-time, federated communications platform and foster a marketplace for app-building and services.
Theorycraft Games
Series B in 2022
Theorycraft Games operates as an independent game development studio that operates remotely. The company is in process of developing its first game codenamed Loki.
Theorycraft was founded in 2020 and is headquartered in Los Angeles, California, United States.
Proof of Learn
Seed Round in 2022
Proof of Learn is a Boston-based company founded in 2021 that serves as a talent marketplace for emerging developers by focusing on education, upskilling, and job placement. It operates Metacrafters.io, a multichain learn-to-earn platform designed to teach users how to write smart contracts and build on-chain applications. By leveraging blockchain technology, Proof of Learn aims to provide equal access to education and next-generation job opportunities globally. Its innovative approach enables learners to acquire skills, earn rewards, and secure employment in the evolving Web3 landscape.
Contra
Series B in 2021
Contra is a networking platform founded in 2019 by Ben Huffman and Gajus Kuizinas. It connects independent professionals with flexible work opportunities through an exclusive community, enabling freelancers to earn a living on their own terms.
Spokn
Seed Round in 2021
Spokn is a platform for internal communications that supports remote teams by turning voice and video content into internal podcasts and Stories. It enables organizations to share updates, wins, and culture through simple, asynchronous audio and video messages, offering a more human alternative to live meetings. The platform is used to create internal podcasts for weekly team recaps, strategy updates, new hire welcomes, and announcements, helping employees stay informed and upskill through accessible messaging. By focusing on asynchronous formats, Spokn aims to strengthen remote culture and improve engagement across distributed teams.
Theorycraft Games
Series A in 2021
Theorycraft Games operates as an independent game development studio that operates remotely. The company is in process of developing its first game codenamed Loki.
Theorycraft was founded in 2020 and is headquartered in Los Angeles, California, United States.
Rocket.Chat
Series A in 2021
Rocket.Chat Holdings, Ltd., established in 2015, specializes in developing and operating an open-source web chat platform. The company offers a comprehensive suite of features, including video conferencing, helpdesk chat, file sharing, and screen sharing, along with API and native mobile applications. Rocket.Chat also provides white labeling, integrations, and hosting services. With over 500,000 servers installed and 12 million users worldwide, the platform facilitates internal and external communication within a secure environment. Users can run Rocket.Chat on-premises or on the cloud, tailoring the platform with features like individual and group communication, video conferencing, and integration with various external communications platforms. The company's long-term vision is to replace email with a real-time, federated communications platform and foster a marketplace for app-building and services.
Splashtop
Series E in 2021
Splashtop delivers remote access and remote support software and services for enterprises, educational and research institutions, government agencies, small businesses, managed service providers, IT departments, and individuals. It enables users to access and control applications, files, and data from mobile devices or other computers through its remote desktop solutions. The product lineup includes On-Demand Support, Personal, Enterprise, and Business remote access offerings. Additional tools include Mirroring360 for wireless screen sharing and recording, Classroom for teachers to share desktops, Whiteboard for turning tablets into interactive boards, and Wired XDisplay to convert iPads or iPhones into high-performance monitors. Founded in 2006 and headquartered in San Jose, California, Splashtop serves customers worldwide with offices in China, Japan, Taiwan, and the Netherlands.
Pulumi Corporation
Series B in 2020
Founded in 2017, Pulumi Corporation operates an infrastructure-as-code platform for developing cloud software. It offers Pulumi SDK, an open-source tool enabling developers to create, deploy, and manage cloud applications and infrastructure using code. The company also provides a web console for collaborative delivery and management of cloud apps and infrastructure across public, private, or hybrid environments.
Rocket.Chat
Seed Round in 2019
Rocket.Chat Holdings, Ltd., established in 2015, specializes in developing and operating an open-source web chat platform. The company offers a comprehensive suite of features, including video conferencing, helpdesk chat, file sharing, and screen sharing, along with API and native mobile applications. Rocket.Chat also provides white labeling, integrations, and hosting services. With over 500,000 servers installed and 12 million users worldwide, the platform facilitates internal and external communication within a secure environment. Users can run Rocket.Chat on-premises or on the cloud, tailoring the platform with features like individual and group communication, video conferencing, and integration with various external communications platforms. The company's long-term vision is to replace email with a real-time, federated communications platform and foster a marketplace for app-building and services.
AppSheet
Series A in 2019
AppSheet is an intelligent no-code platform established in 2014 and headquartered in Seattle, Washington. It enables business users to create powerful, code-free applications by leveraging their business data. The platform connects with various data sources, including cloud storage services and relational databases, allowing for quick generation of customizable applications. These applications can incorporate advanced features such as offline access, workflow rules, and machine learning capabilities, and they are designed to run seamlessly on web, iOS, Android, and messaging platforms. AppSheet's focus on simplifying app development helps organizations meet IT governance and security requirements while enhancing the end-user experience through rich, custom software solutions.
Runtime
Venture Round in 2017
Runtime specializes in cloud-based management solutions for connected devices, catering to consumer, medical, commercial, and industrial Internet of Things (IoT) applications. The company offers a comprehensive suite of services that leverage free, open source software as a foundational element. Central to its offerings is Apache Mynewt, an embedded operating system designed specifically for networking and remote management. This operating system provides developers with essential components typical of modern general-purpose operating systems, tailored for constrained devices that cannot support more resource-intensive platforms like Linux or Android. Through its innovative approach, Runtime facilitates the development and management of IoT applications across various sectors.
Runtime
Seed Round in 2016
Runtime specializes in cloud-based management solutions for connected devices, catering to consumer, medical, commercial, and industrial Internet of Things (IoT) applications. The company offers a comprehensive suite of services that leverage free, open source software as a foundational element. Central to its offerings is Apache Mynewt, an embedded operating system designed specifically for networking and remote management. This operating system provides developers with essential components typical of modern general-purpose operating systems, tailored for constrained devices that cannot support more resource-intensive platforms like Linux or Android. Through its innovative approach, Runtime facilitates the development and management of IoT applications across various sectors.
Rocket.Chat
Seed Round in 2016
Rocket.Chat Holdings, Ltd., established in 2015, specializes in developing and operating an open-source web chat platform. The company offers a comprehensive suite of features, including video conferencing, helpdesk chat, file sharing, and screen sharing, along with API and native mobile applications. Rocket.Chat also provides white labeling, integrations, and hosting services. With over 500,000 servers installed and 12 million users worldwide, the platform facilitates internal and external communication within a secure environment. Users can run Rocket.Chat on-premises or on the cloud, tailoring the platform with features like individual and group communication, video conferencing, and integration with various external communications platforms. The company's long-term vision is to replace email with a real-time, federated communications platform and foster a marketplace for app-building and services.
AppSheet
Seed Round in 2015
AppSheet is an intelligent no-code platform established in 2014 and headquartered in Seattle, Washington. It enables business users to create powerful, code-free applications by leveraging their business data. The platform connects with various data sources, including cloud storage services and relational databases, allowing for quick generation of customizable applications. These applications can incorporate advanced features such as offline access, workflow rules, and machine learning capabilities, and they are designed to run seamlessly on web, iOS, Android, and messaging platforms. AppSheet's focus on simplifying app development helps organizations meet IT governance and security requirements while enhancing the end-user experience through rich, custom software solutions.
Upwork
Venture Round in 2014
Upwork operates an online marketplace connecting businesses with independent professionals worldwide. Its platform offers access to diverse skills across various categories, facilitating remote collaboration through communication tools, time tracking, invoicing, and secure payment systems. Upwork serves clients ranging from startups to Fortune 100 companies, generating revenue through talent and client fees.
Upwork
Venture Round in 2012
Upwork operates an online marketplace connecting businesses with independent professionals worldwide. Its platform offers access to diverse skills across various categories, facilitating remote collaboration through communication tools, time tracking, invoicing, and secure payment systems. Upwork serves clients ranging from startups to Fortune 100 companies, generating revenue through talent and client fees.
Elance
Venture Round in 2012
Elance, now part of Upwork, is a global online platform that connects businesses with freelance professionals from over 180 countries. It offers a wide range of services, including software development, design, writing, and marketing, enabling companies to find, hire, and manage independent contractors for their project needs.
Splashtop
Series D in 2010
Splashtop delivers remote access and remote support software and services for enterprises, educational and research institutions, government agencies, small businesses, managed service providers, IT departments, and individuals. It enables users to access and control applications, files, and data from mobile devices or other computers through its remote desktop solutions. The product lineup includes On-Demand Support, Personal, Enterprise, and Business remote access offerings. Additional tools include Mirroring360 for wireless screen sharing and recording, Classroom for teachers to share desktops, Whiteboard for turning tablets into interactive boards, and Wired XDisplay to convert iPads or iPhones into high-performance monitors. Founded in 2006 and headquartered in San Jose, California, Splashtop serves customers worldwide with offices in China, Japan, Taiwan, and the Netherlands.
RingCube Technologies
Venture Round in 2010
RingCube Technologies is a leading provider of managed virtual workspaces, specializing in virtualization software solutions. Its flagship product, vDesk, enables enterprise users to securely access a personalized desktop environment from any Windows PC worldwide. This innovative platform allows employees, contractors, and customers to run applications, access data, and maintain settings, whether they are in the office, at home, or on the go. By implementing vDesk, organizations can enhance user productivity, reduce desktop management and support costs, and avoid the inefficiencies typically associated with legacy virtualization systems. Founded in 2004 and based in Mountain View, California, RingCube holds 23 pending patents related to its virtualization technology, underscoring its commitment to innovation in the field.
LiveLoop
Seed Round in 2010
LiveLoop is a company that specializes in real-time document collaboration, specifically focusing on enhancing the Microsoft PowerPoint experience. Its primary product is a plugin that allows multiple users to work simultaneously on the same PowerPoint presentation from different locations. This innovative solution eliminates the need for exchanging numerous email attachments, as users can edit documents in real time, observing each other's changes as they occur. LiveLoop aims to streamline the collaborative process for PowerPoint users, fostering efficiency and improving teamwork in the creation of presentations.
Engine Yard
Series C in 2009
Engine Yard is a leading cloud application management platform that enables developers and DevOps teams to provision, manage, and monitor applications across public and private cloud environments. The company leverages open-source technologies to automate processes, allowing for the curation, optimization, and maintenance of pre-integrated, pre-tested technology stacks. This focus on automation and efficiency empowers organizations to concentrate on application development rather than infrastructure management. Engine Yard serves a diverse clientele, ranging from rapidly growing web startups to established Fortune 500 enterprises, and has a presence in 58 countries. The company is recognized for providing expert support and offering unmatched control and choice in cloud application management.
Splashtop
Series C in 2008
Splashtop delivers remote access and remote support software and services for enterprises, educational and research institutions, government agencies, small businesses, managed service providers, IT departments, and individuals. It enables users to access and control applications, files, and data from mobile devices or other computers through its remote desktop solutions. The product lineup includes On-Demand Support, Personal, Enterprise, and Business remote access offerings. Additional tools include Mirroring360 for wireless screen sharing and recording, Classroom for teachers to share desktops, Whiteboard for turning tablets into interactive boards, and Wired XDisplay to convert iPads or iPhones into high-performance monitors. Founded in 2006 and headquartered in San Jose, California, Splashtop serves customers worldwide with offices in China, Japan, Taiwan, and the Netherlands.
Engine Yard
Series B in 2008
Engine Yard is a leading cloud application management platform that enables developers and DevOps teams to provision, manage, and monitor applications across public and private cloud environments. The company leverages open-source technologies to automate processes, allowing for the curation, optimization, and maintenance of pre-integrated, pre-tested technology stacks. This focus on automation and efficiency empowers organizations to concentrate on application development rather than infrastructure management. Engine Yard serves a diverse clientele, ranging from rapidly growing web startups to established Fortune 500 enterprises, and has a presence in 58 countries. The company is recognized for providing expert support and offering unmatched control and choice in cloud application management.
RingCube Technologies
Series B in 2007
RingCube Technologies is a leading provider of managed virtual workspaces, specializing in virtualization software solutions. Its flagship product, vDesk, enables enterprise users to securely access a personalized desktop environment from any Windows PC worldwide. This innovative platform allows employees, contractors, and customers to run applications, access data, and maintain settings, whether they are in the office, at home, or on the go. By implementing vDesk, organizations can enhance user productivity, reduce desktop management and support costs, and avoid the inefficiencies typically associated with legacy virtualization systems. Founded in 2004 and based in Mountain View, California, RingCube holds 23 pending patents related to its virtualization technology, underscoring its commitment to innovation in the field.
RingCube Technologies
Series A in 2006
RingCube Technologies is a leading provider of managed virtual workspaces, specializing in virtualization software solutions. Its flagship product, vDesk, enables enterprise users to securely access a personalized desktop environment from any Windows PC worldwide. This innovative platform allows employees, contractors, and customers to run applications, access data, and maintain settings, whether they are in the office, at home, or on the go. By implementing vDesk, organizations can enhance user productivity, reduce desktop management and support costs, and avoid the inefficiencies typically associated with legacy virtualization systems. Founded in 2004 and based in Mountain View, California, RingCube holds 23 pending patents related to its virtualization technology, underscoring its commitment to innovation in the field.
Upwork
Series E in 2004
Upwork operates an online marketplace connecting businesses with independent professionals worldwide. Its platform offers access to diverse skills across various categories, facilitating remote collaboration through communication tools, time tracking, invoicing, and secure payment systems. Upwork serves clients ranging from startups to Fortune 100 companies, generating revenue through talent and client fees.
Elance
Series E in 2004
Elance, now part of Upwork, is a global online platform that connects businesses with freelance professionals from over 180 countries. It offers a wide range of services, including software development, design, writing, and marketing, enabling companies to find, hire, and manage independent contractors for their project needs.
Elance
Venture Round in 2003
Elance, now part of Upwork, is a global online platform that connects businesses with freelance professionals from over 180 countries. It offers a wide range of services, including software development, design, writing, and marketing, enabling companies to find, hire, and manage independent contractors for their project needs.
Upwork
Venture Round in 2003
Upwork operates an online marketplace connecting businesses with independent professionals worldwide. Its platform offers access to diverse skills across various categories, facilitating remote collaboration through communication tools, time tracking, invoicing, and secure payment systems. Upwork serves clients ranging from startups to Fortune 100 companies, generating revenue through talent and client fees.
BeyondWork
Venture Round in 2000
BeyondWork, Inc., established in 1999 and based in San Jose, California, specializes in providing outsourced employee benefits and retention solutions. It offers two primary services: GiftPass Rewards and Recognition, a digital currency system enabling companies to instantly incentivize employees with a wide range of premium merchant options, and Employee Discount Shopping, a 24/7 online platform offering lifestyle services and products from various brands at discounted prices. BeyondWork's solutions are designed to attract, motivate, and retain employees, serving Fortune 100 companies and other large enterprises through a combination of direct sales and strategic partnerships.
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