Stephen Socolof is a managing partner of New Venture Partners (NVP) LLC. With over $700 million under management and offices in the US and Europe, NVP is the leading global venture-capital firm specializing in corporate spinout venturing. NVP works closely with corporations to commercialize and scale-up new innovations as standalone ventures. NVP itself was spun out of Lucent Technologies, where it had been an incubator for spinout opportunities from Bell Labs. NVP focuses on communications and information technologies, as well as energy and materials.

In addition to Steve's firm management responsibilities, he leads deals in semiconductors, software, storage, and wireless technologies. He is currently a director of Alverix, CrossFiber, EverSpin Technologies, GainSpan Corp., and Own Products, and a board observer of Intelleflex. He was recently a director of Sychip Inc. (sold to Murata) and an observer of Flarion Technologies Inc. (sold to Qualcomm) and Silicon Hive (sold to Intel).