New Enterprise Associates related stories
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Silver Lake makes Chinese debut for $40mThe technology specialist has bought a 13% stake in Nasdaq-listed technology company Spreadtrum Communications.
- NEA reaches $2.5bn for Fund XIII
The global fund is the largest pool of venture capital raised since 2007, says the firm.
- Sofinnova raises €260m for Fund VI
The French venture firm missed its €300 million target despite a sealing a trio of strong exits in 2009.
- NEA invests INR650m in Indian outsourcing
Silicon Valley venture firm New Enterprise Associates has taken an undisclosed stake in RT Outsourcing Services, which provides after-sales support services to various industries.
- NEA advances general partner for Indian operations
The Silicon Valley venture firm has promoted Ravi Viswanathan to general partner for energy, IT and India-focused investments, and appointed Frank Torti as principal focused on investments in healthcare.
- Abbott to buy VC-backed Evalve for $410m
The heart valve implant maker is the second venture-backed company to be purchased by Abbott this month.
- 3D social networking company gets $10m follow on
Seoul-based Nurien Software, whose product allows users to create 3D avatars in online virtual worlds, will use the $10m second round funding to fine tune its platform and expand its online gaming services.
- Apex leads $47.5m Series C solar round
California-based firm SolFocus has secured funding from venture capital firms including Apex, NEA and NGEN Partners to expand its solar panel manufacturing business. This is the first time Apex has invested in clean technology.
- Lone Star-backed Del Frisco’s pulls $100m IPO
The steakhouse operator, acquired as part of the $600m take-private of Lone Star Steakhouse & Saloon in 2006, cited ‘current public market conditions’ in its filing with the SEC.
- NEA hires former XM Radio chief
Hugh Panero, former chief executive of the satellite radio company, is the latest in a string of high-profile appointments the Maryland-based venture firm has made over the last year.