New Enterprise Associates related stories
All articles and analysis
LPs restless as funds hang on to IPO stockThe growing practice of holding portfolio company stock well after an IPO is a source of rising LP-GP tension
Venture fundraising flat as more LPs avoid the asset classFundraising totals show LPs are leery of early-stage venture capital, while industry consolidation continues apace
FiscalNote raises $1.2 mln in seed fundingFiscalNote has closed $1.2 million in seed funding. Investors included Mark Cuban, New Enterprise Associates and First Round Capital's Dorm Room Fund. FiscalNote is a real-time government analysis platform.
- Venture-backed OANDA acquires Currensee Global
Toronto-based OANDA Corp, a provider of foreign exchange trading services, has acquired the Boston, Mass.-based Currensee Global Inc, which conducts forex market copy trading within a proprietary social trading network. The financial terms of the deal were not disclosed. OANDA is backed by several U.S. venture capital firms and other investors, including Cascade Investment, Index Ventures, Legg Mason, New Enterprise Associates and T. Rowe Price. The company has since 2005 raised over US$117 million in Series A and B funding rounds.
- New Mexico re-ups $40m with Carlyle
The $12.4bn retirement system has a 5% target allocation to private equity and $170m for the asset class in 2013.
- The 2013 PEI 300: Venture to dream
A handful of venture firms are mixing it in the upper echelons of the PEI 300 – led by US stalwarts Sequoia Capital and New Enterprise Associates
- Idinvest buys stake in French venture firm
French asset manager IdInvest Partners has bought a 40% stake in Kurma Life Sciences Partners, a venture firm founded by two of its former executives, in a deal that provides an exit for previous backer Natixis Private Equity.
- VC-backed Aerohive Networks hires new CMO
Aerohive Networks said Wednesday that it has named David Greene as chief marketing officer. Previously, Greene worked at Riverbed where he also served as CMO. Based in Sunnyvale, Calif., Aerohive Networks is a provider of wireless networking solutions. It is backed by Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Northern Light Venture Capital, New Enterprise Associates and Institutional Venture Partners.
- Battery Ventures leads $50 mln round for Blue Jeans Network
Blue Jeans Network said Wednesday that it has closed $50 million in new funding. Battery Ventures was the lead investor. Return backers Accel Partners, New Enterprise Associates and Norwest Venture Partners also participated in the financing. According to the company, the capital will be used for market expansion and product innovation. Headquartered in Mountain View, Calif., Blue Jeans Network is a provider of video communication services.
- VC-backed Solace Therapeutics adds new board member
Solace Therapeutics said Tuesday that it has named Stacy Enxing Seng to its board of directors. Currently, Enxing Seng is president of Covidien's vascular therapies global business unit. Based in Framingham, Mass., Solace Therapeutics, which is backed by NEA, Saints Capital and Spray Venture Partners, is a maker of medical devices that help treat bladder disorders.