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New Atlantic Ventures
New Atlantic Ventures is an SEC-registered investment adviser with offices in Arlington, VA. It provides investment advice to clients. The firm is registered...
New Atlantic Ventures
New Atlantic Ventures is an SEC-registered investment adviser with offices in Arlington, VA. It provides investment advice to clients. The firm is registered with the Securities and Exchange Commission.
General information
Firm type
Venture Capital
Year founded
2005
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Arlington
Corporate office
Reston, VA, United States
Additional offices
Cambridge, MA, United States
Principals
John Backus
Co-Founder and Managing Partner
Thanasis Delistathis
Co-Founder and Managing Partner
Todd Hixon
Co-Founder, Managing Partner, and CFO
Scott Johnson
Co-Founder and Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at New Atlantic Ventures?
All four co-founders — John Backus, Thanasis Delistathis, Todd Hixon, and Scott Johnson — hold the title of Managing Partner. The firm lists no other investment staff, principals, or analysts on its website. Decision-making appears to sit with the founding partnership.
Is New Atlantic Ventures still actively investing?
No. The firm's own website states, 'We are not seeking new portfolio companies at this time' (per firm website). There is no public evidence of a fundraise, new portfolio additions, or hiring since at least the late 2010s.
Which sectors did New Atlantic Ventures focus on?
NAV invested across ad-tech, advanced technology, consumer, cybersecurity, digital health, digital media, e-commerce, enterprise software, mobile, and online education. Exits cluster in enterprise infrastructure (Invincea, Mobile365) and digital media (DivX, Massive).
What is New Atlantic Ventures' most notable exit?
Among disclosed outcomes, the 2006 sale of Mobile365 to Sybase for $425 million (per firm website) stands out for absolute dollar value, while the 2006 IPO of DivX and the 2007 IPO of EnerNOC add public-market liquidity examples. More recently, the 2017 sale of Invincea to Sophos for $120 million (per firm website) showed continued cybersecurity returns.
How is New Atlantic Ventures related to Draper Atlantic Ventures?
The four co-founders previously ran Draper Atlantic Ventures, the East Coast affiliate of the Draper venture network. They spun out and rebranded as New Atlantic Ventures in 2005. The current firm lists no formal Draper affiliation.
Does New Atlantic Ventures disclose its AUM?
No. The firm has never publicly disclosed assets under management, and no current regulatory filing provides a verifiable figure. AUM is undisplayed.
What is the current status of New Atlantic Ventures?
The firm appears to be in an extended wind-down posture. Its website remains live, lists active portfolio holdings, and provides contact details for the four founders, but carries no investment-team expansion, fund announcements, or forward-looking strategy statements.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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