November 4, 2013 —The Washington Business Journal has listed Novak Biddle Venture Partners (NBVP) Co-Founder and General Partner, Jack Biddle, to its annual Power 100 list of 2013. The Power 100 identifies the Washington D.C. region’s most influential business leaders. In its second year, the list focuses only on the local business community and omits government and elected officials.
Washington Business Journal editor-in-chief Doug Fruehling says: “Power is actually a very subjective characteristic. For us it means things like being well respected, being able to get things done, being able to get your phone calls returned. These people can pick up the phone and call anyone in this city and someone will answer. They really are the engineers of everything that goes on in Washington business.”
A veteran venture capital investor with deep experience in the IT sector, Jack has played an instrumental role in solidifying the firm’s preeminence in education technology. NBVP’s investment in the sector dates back to 1997 when the firm invested in then startup Blackboard Inc., a leading education software developer. Since then, NBVP has become one of the leading and most active investors in education technology with investments in 2U, Inc., Capital Education Group, Inc., Intelliworks (acquired by Hobsons, Inc.), and Parchment.
“For years my partners and I have seen the potentially far-reaching impact of education technology so it is encouraging to see the sector mature and make positive contributions to the U.S. education system. I appreciate the Washington Business Journal’s recognition of NBVP’s early and continued commitment to ed tech and I am honored to be named to their list of D.C. influencers,” said Jack Biddle, Co-Founder and General Partner of Novak Biddle Partners.