New Enterprise Associates related stories
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Fund performance: Small fund approach brings results to NY pensionMoney manager sees strong gains with IVP, Aisling, JP Morgan funds
Top 10 VC posts: Tatum takes a sip of Runa, investors drool over drones and toast robotic bartenderTrending in VC-related news this week: drones, Peter Thiel, Channing Tatum, connected cars, robotic bartenders, bitcoin and lots more.
- Andreessen leads $3 mln round for Wit.ai to let people control apps with voice
Wit.ai announced today https://wit.ai/blog/2014/10/15/wit-ai-raises-seed-round-from-andreessen-horowitz that it raised $3 million in a seed deal led by Andreessen Horowitz and joined by Ignition Partners, New Enterprise Associates, A-Grade, SV Angel, Eric Hahn, Alven Capital and TenOneTen. The Palo Alto, Calif-.based company, which started last year, is developing a voice interface API that developers can place in their apps to enable voice control.
peHUB First ReadThis morning's First Read has news of a possible merger between two major rail operators, big data perplexes asset managers and a former Olympian faces sentencing for killing his girlfriend.
Fund performance: Trinity, NEA, Polaris lead SFERS' venture portfolioSFERS sees broad gains in recent vintage funds; adds Battery, OrbiMed
- NEA adds new partner to team
New Enterprise Associates has hired Dr. Carol Gallagher as a partner at its Menlo Park office. Previously, she was the chairman of eFFECTOR Therapeutics, a director at Aragon Pharmaceuticals (which was bought by Johnson & Johnson in 2013) and a venture partner with Frazier Healthcare.
- NEA leads $8.2 mln Series A funding in MOVE Guides
New Enterprise Associates has led an $8.2 million Series A funding in MOVE Guides, a cloud-based platform for moving employees around for new projects, re-locations and projects. Existing investors Notion Capital also participated in the funding round, along with individual investors Andy Leaver and David Windley. Along with funding, MOVE Guides announced an expansion into Hong Kong and the hiring of Alex Wood, vice president of global sales.
Greenspring Associates leads $82 mln round for SolidFireGreenspring Associates has led a $82 million Series D round for Boulder, Colorado-based SolidFire, a maker of storage systems for cloud providers.
- VC-backed Boku buys Mopay
Boku has acquired rival Germany-based Mopay, a payment solutions provider for online merchants. No financial terms were disclosed. Boku is backed by Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures and New Enterprise Associates.
- Synlogic scores $5 mln from Bill & Melinda Gates Foundation
Cambridge, Mass.-based biotech firm Synlogic has received $5 million in Series A funding from the Bill & Melinda Gates Foundation. In addition to the financing, the company has named Dr. Paul Miller as chief scientific officer and Alison Silva as chief operating officer.