New Enterprise Associates related stories
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Kurma Expands LP Base With GSKParis-based life sciences firm aims to close second fund by end of the year
European News Briefs, August 2013News items from London, Brussels and elsewhere in Europe
Box Chooses SDL to Accelerate International GrowthSDL has been selected by UK-based Box, a provider of online storage and collaboration software, as its preferred partner to expand into new international markets. Box is backed by venture capital firms Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners and U.S. Venture Partners and strategic investors salesforce.com and SAP.
- Edimer Pharmaceuticals Raises $18 Mln in Series B Financing
Edimer Pharmaceuticals said Tuesday that it has closed $18 million in Series B financing. The lead investor was New Enterprise Associates. New investor Sanofi-Genzyme BioVentures and previous investors Third Rock Ventures and VI Partners also participated in the round. In addition to the news about funding, David Mott will join Edimer's board. Based in Cambridge, Mass., Edimer Pharmaceuticals is a biotech company.
- Storage Company SolidFire Racks Up $31M in Series C
SolidFire, a maker of storage systems for cloud providers, announced today it has raised $31 million in Series C financing. Samsung Ventures led the round and was joined by existing investors New Enterprise Associates, Valhalla Partners and Novak Biddle Venture Partners. The Boulder, Colo.-based company has now raised $68 million in total funding.
- CIT GAP Funds Appoints Henderson as Investment Director
The Center for Innovative Technology said Wednesday that it has named Dan Henderson as investment director for CIT GAP Funds. Prior to joining CIT, Henderson worked at BeClose, where he served as senior vice president of business development and strategy. Based in Virginia, CIT GAP Funds is a family of seed- and early-stage investment funds that focuses on making near-equity and equity investments in technology, life science and clean technology companies in the state.
- VC-Backed SuVolta Names New COO
SuVolta said Tuesday that it has named Dr. Louis Parrillo as the company's COO. In his new role, Dr. Parrillo will oversee technology and circuit design programs and resources. Based in Silicon Valley and backed by Kleiner Perkins Caufield & Byers, August Capital, NEA, Bright Capital, Northgate Capital and DAG Ventures, SuVolta is a provider of semiconductor technologies for low-power, high-performance IC chips.
- Baltimore Start-Up Riskive Nets $2.2 in Seed Funding
Riskive said Tuesday that it has raised $2.2 million in seed funding. Genacast Ventures (a fund formed in partnership with Comcast Ventures) Core Capital and "a world-class group of individual investors" participated in the round. Other investors included NEA Founder Frank Bonsal and serial entrepreneurs Greg Cangliosi, Bill Boyle and Andrew Eye. Based in Baltimore, MD, Riskive is a provider of security solutions that protects companies from cyber attacks.
- VC-Backed ViXS Systems Completes Going Public Transaction
Toronto-based semiconductor company ViXS Systems Inc., a developer of media software for the consumer electronics and video service provider industries, has completed its previously announced going-public transaction and will commence trading on the TSX under the symbol "VXS." As part of the transaction, the company raised a total of $57.4 million. ViXS was founded in 2001 with the backing of Canadian venture captial firm Celtic House Venture Partners. Other investors include Export Development Canada, New Enterprise Associates and Novacap.
- Cartiva Scores $4.3 Mln
Cartiva said Monday that it has raised $4.3 million in financing. The lead investor was New Enterprise Associates. Also, Justin Klein, M.D., J.D., a partner at NEA, has joined Cartiva's board. Based in Alpharetta, Georgia, Cartiva is a provider of solutions for patients with osteoarthritis or cartilage damage.