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  • NEA leads Series B1 round for Nginx
    Iris Dorbian- 9 December 2014

    Nginx, a San Francisco-based open source web server developer, has closed $20 million in Series B1 round funding. New Enterprise Associates led the round with participation from other investors that included e.ventures, Runa Capital, Index Ventures and Nginx CEO Gus Robertson.

  • NEA provides $5 mln to RezNext
    Iris Dorbian- 8 December 2014

    RezNext Global Solutions has received $5 million in funding from New Enterprise Associates. Based in Bangalore, India, RezNext is a provider of real-time distribution technology for hotels.

  • NEA, Foundry Group, Madrona seed $3.25 mln in Spare5
    Chris Witkowsky- 8 December 2014

    New Enterprise Associates, the Foundry Group, Madrona Venture Group and prominent angel investors provided $3.25 million in seed funding to Spare5, a mobile application that pays people to provide expert insight in their spare time. Spare5 is the first company to spin out of startup studio Madrona Venture Labs. Madrona Venture Group's Greg Gottesman and Foundry's Brad Feld will join Spare5's board of directors.

  • NEA leads seed round for India stationery site Inksedge
    Iris Dorbian- 5 December 2014

    Inksedge, a Silicon Valley and India-based online site that sells personalized designer stationery, has raised $1.5 million in seed funding. New Enterprise Associates led the round with participation from other investors that included Pinnacle Ventures and Milliways Ventures.

  • Xfund Fund II raises $100 mln
    Luisa Beltran- 4 December 2014

    Xfund said Thursday its second fund closed with $100 million in committed capital. Existing limited partners New Enterprise Associates (NEA), Breyer Capital, and Accel Partners anchored the fund and were joined by long-term institutional LPs. Patrick Chung, most recently a partner at NEA, has also joined Xfund as a GP. Founded at Harvard University in 2011 by a partnership of NEA, Breyer Capital, Accel Partners and Polaris Partners, Xfund is an early-stage venture capital firm.

  • VC-backed GuideSpark appoints VP of corp. development and strategy
    Iris Dorbian- 2 December 2014

    Menlo Park, Calif.-based GuideSpark, a provider of employee communications and engagement solutions, has hired Will Johnson as vice president of corporate development and strategy. Previously, Johnson headed corporate development and software alliances at Workday. He is also a former partner with In-Q-Tel, the venture firm associated with the CIA. GuideSpark is backed by New Enterprise Associates, Storm Ventures and IDG Ventures.

  • IPO Profile: Nevro Corp
    Staff Writer- 1 December 2014

    Medtech company raises about $155 million in funding before its public debut

  • Venture fundraising appears to slow in Q4
    VCJ Staff- 29 November 2014

    Year-to-date total of $26.9 billion well ahead of 2013

  • Venture fundraising appears to slow in Q4: VCJ
    Mark Boslet- 26 November 2014

    Venture capital fundraising appears to have slowed in the fourth quarter after a big pick up early in 2014 raised expectations of a banner year.

  • Online workplace Elance-oDesk grabs $30 mln
    Iris Dorbian- 25 November 2014

    Mountain View, Calif.-based online workplace Elance-oDesk has received $30 million in funding. Benchmark led the round with participation from other investors that included T. Rowe Price, FirstMark, Sigma West, NEA and the Stripes Group.