New Enterprise Associates related stories
All articles and analysis
NEA promotes Harry Weller to GPThe Silicon Valley-based venture firm has rewarded several team members as it continues its expansion into alternative energies. The firm has focused more on alternative energies since its NEA XII fund closed on $2.5bn in 2006.
- Connectiva Systems secures $17m
An NEA-IndoUS-led syndicate is backing Connectiva, a US-based company that 'leverages the strengths of India' to provide solutions to the telecom industry.
- NEA hires former biopharm exec as GP
Former MedImmune chief David Mott is the second high-level executive NEA has hired from the Maryland-based vaccine developer since its merger last year.
- Bala Deshpande quits ICICI Venture
ICICI Venture is to suffer another high profile departure. Deshpande is set to leave the firm, reportedly to take a position with NEA, just months after Aluri Rao left to lead Morgan Stanley Private Equity’s India operations.
- NEA enters Latin America
A Series C funding round for Spring Wireless represents NEA's first foray into Latin America. Goldman Sachs was also among the backers of the telecom company, which anticipates an IPO in 2009.
- Korean social networking company gets $15m
Seoul-based Nurien Software has received an investment from a syndicate of four venture capital firms to launch a social networking platform in Korea, China and the US.
- 3D social networking company gets $15m backing
Seoul-based Nurien Software has received an investment from a syndicate of four venture capital firms to launch a unique social networking platform in Korea, China and the US.
- CMEA Ventures closes $400m fund
The California-based firm’s seventh fund brings its assets under management to more than $1 billion.
- NEA boosts ‘venture growth’ team with two hires
Silicon Valley-based New Enterprise Associates has recruited Morgan Stanley's Tony Florence and MPM Capital's Paul Walker to bolster its large-scale investment team.
- 3i leads big US forex investment
The UK-based private equity firm and US venture firm VantagePoint have purchased a $117m minority stake in New Jersey-based GAIN Capital Group.