New Enterprise Associates related stories
All articles and analysis
VCs on the move Nov 1, 2014Norwest adds partner and promotes three; Illuminate adds to staff and advisory team
Abbott to acquire VC-backed Topera for $250 mlnAbbott has agreed to buy Topera, which is backed by New Enterprise Associates, for $250 million. Based in Menlo Park, Calif., Topera is a medical device firm focused on developing technologies that improve the diagnosis and treatment of atrial fibrillation.
- VytronUS rakes in $31.6 mln Series B
VytronUS, a Sunnyvale, Calif.-based medical device firm, has raised $31.6 million in Series B financing. The investors included Apple Tree Partners, BioStar Ventures, Windham Venture Partners and New Enterprise Associates. In addition to the funding, David McIntyre and Sami Hamade of Apple Tree Partners and Hank Kucheman of BioStar Ventures have been named to the VytronUS board of directors.
Small fund approach brings results to NY pension: VCJMoney manager sees strong gains with IVP, Aisling, JP Morgan funds.
- MegaChips Corp to acquire VC-backed SiTime for $200 mln
MegaChips Corp has agreed to buy semiconductor firm SiTime Corp. for $200 million in cash. The deal is slated to close in November 2014. Needham & Company provided financial advice to SiTime on the transaction. SiTime's backers included Innovative Venture Fund and SMBC Venture Capital.
Fund performance: Large funds score better in turn-of-the-century venture portfolioCalSTRS sees gains from NEA, but a decline from ARCH
- VC-backed social news site BuzzFeed buys Torando Labs
Social news site BuzzFeed has acquired New York-based startup Torando Labs. No financial terms were disclosed. BuzzFeed's backers include Andreessen Horowitz, New Enterprise Associates, Hearst Media and RRE Ventures.
- Google buys VC-backed Firebase
Google has acquired Firebase, the latter confirmed in a blog post on its site. No financial terms were disclosed. Based in San Francisco, Firebase's cloud service is designed to power collaborative communications in real time. The firm backers included Union Square Ventures, Flybridge Venture Capital, Data Collective, Greylock Partners, New Enterprise Associates and Expansion Venture Capital. To read the announcement, visit here https://www.firebase.com/blog/2014-10-21-firebase-joins-google.html
NEA promotes Sakoda to GPNew Enterprise Associates announced this morning that Jon Sakoda has been promoted to general partner. Sakoda, who works out of the firm's Menlo Park, California-based office, joined the firm in 2006 and has served as co-manager of NEA's seed investment program. He focuses on software-as-a-service, infrastructure software, and big data, while serving as a director on Blue Jeans Network, DataVisor, Desire2Learn, Hearsay Social and Opower, among others.
Trinity, NEA, Polaris lead SFERS' venture portfolio: VCJThe San Francisco Employees’ Retirement System sees broad gains in recent vintage funds; adds Battery, OrbiMed.