New Venture Partners

New Venture Partners, established in 2001 and based in New Jersey, is a venture capital firm specializing in corporate spinouts. It focuses on incubating, seeding, and early-stage investments, commercializing underutilized corporate technologies by creating independent ventures. The firm works closely with corporations, identifying and evaluating technologies, structuring transactions, and managing the spinout process. It provides strategic guidance and operational support to its portfolio companies, investing in technologies that are ready for commercial product development and have potential customers willing to pay for the product or service.

Andrew R. Garman

Co-Founder and Managing Partner

Past deals in New Jersey

AetherPal

Series A in 2013
AetherPal, founded in 2009 and based in South Plainfield, New Jersey, specializes in mobile support management solutions that enhance the experience of smart devices for carriers, enterprises, OEMs, and customers. The company offers a platform that enables secure remote management of smartphones and PCs, allowing for efficient diagnosis, remediation, and support of applications and devices. By utilizing real-time data while prioritizing user privacy, AetherPal helps organizations reduce support costs, improve end-user experiences, and extend the lifecycle of devices. This ultimately fosters increased brand loyalty and drives app adoption and utilization, positioning AetherPal as a key player in optimizing customer care and technical support in the mobile sector.

VPIsystems

Venture Round in 2010
VPIsystems, originally established as VPI Virtual Photonics in 1997, specializes in developing and marketing network planning software and services tailored for the telecommunications industry, both in the United States and globally. The company's offerings include Photonic Design Automation, which aids in the modeling and optimization of photonic components and subsystems, and OnePlan, an integrated system that facilitates the design and implementation of transitions to IP-based networks for communications service providers, systems integrators, and manufacturers. VPIsystems aims to enhance the efficiency of network planning and engineering processes through predictive network analytics and comprehensive data integration, thereby improving network reliability and supporting informed technology decisions. The company maintains strategic partnerships with prominent firms such as Accenture and HP and is headquartered in Holmdel, New Jersey, with additional offices across Europe, Asia, and Australia. In July 2001, the company rebranded itself as VPIsystems, Inc.

iBiquity Digital

Private Equity Round in 2009
iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.

TimeSight Systems

Series A in 2008
TimeSight Systems Inc. specializes in video lifecycle management solutions tailored for the high-resolution video surveillance market. Founded in 2008 and located in Mount Laurel, New Jersey, the company provides a range of products, including network video recorders and surveillance appliances designed for various environments such as offices, small businesses, and enterprises. Its flagship offering, the TimeSight Video Lifecycle Management solution, automates video management processes, allowing organizations to enhance image resolution and frame rates while optimizing storage efficiency. The company’s technology focuses on compressing and managing video data over time, ensuring that storage needs are minimized as footage ages and becomes less critical. TimeSight Systems Inc. aims to simplify video surveillance operations, making them more cost-effective and less complex for users.

Elanti Systems

Venture Round in 2008
Elanti Systems is a prominent innovator in service experience management and intelligent routing solutions, dedicated to helping service providers fulfill customer expectations. Originating from a technology spin-out of Telstra Corporation, Australia's largest telecommunications carrier, the company leverages over 600 years of combined expertise in the telecommunications software and service provider sectors. Elanti's software enables telecommunications carriers to offer integrated service management tools for their Internet Protocol VPN customers, enhancing their ability to visualize customer service and streamline operations. The company's headquarters are situated in Somerset, New Jersey.

iBiquity Digital

Series D in 2008
iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.

iBiquity Digital

Series C in 2005
iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.

iBiquity Digital

Series C in 2002
iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.

Flarion Technologies

Series B in 2001
Flarion Technologies, headquartered in Bedminster, New Jersey, specializes in mobile broadband solutions through its development of FLASH-OFDM technology. Since its inception in 2000, the company has focused on creating and deploying an end-to-end network for mobile operators. Its product offerings include the RadioRouter base station, FLASH-OFDM modems, embedded chipsets, and system software. Additionally, Flarion licenses its FLASH-OFDM technology to support the design of networks and devices, enabling high-speed data services for mobile wireless carriers and their subscribers. This technology supports a range of computing devices, including notebook PCs, handheld PCs, personal digital assistants, web tablets, and handsets.

Flarion Technologies

Series A in 2000
Flarion Technologies, headquartered in Bedminster, New Jersey, specializes in mobile broadband solutions through its development of FLASH-OFDM technology. Since its inception in 2000, the company has focused on creating and deploying an end-to-end network for mobile operators. Its product offerings include the RadioRouter base station, FLASH-OFDM modems, embedded chipsets, and system software. Additionally, Flarion licenses its FLASH-OFDM technology to support the design of networks and devices, enabling high-speed data services for mobile wireless carriers and their subscribers. This technology supports a range of computing devices, including notebook PCs, handheld PCs, personal digital assistants, web tablets, and handsets.
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