New Enterprise Associates related stories
All articles and analysis
Wellington Financial Backs SmartDrive SystemsWellington Financial has provided debt financing for SmartDrive Systems of San Diego, CA. The financing closed in conjunction with a $47 million round of equity financing. SmartDrive provides web-based driver safety and fuel solutions for fleet enterprises globally. SmartDrive is backed by leading venture capital firms, including New Enterprise Associates and Oak Investment Partners.
- Apnex Medical Closes $10 Million Financing
Apnex Medical has secured financing totaling $10 million from New Enterprise Associates. The funds will be used to support the ongoing Apnex Clinical Study. Apnex develops medical devices aimed at helping people with sleep apnea. Other investors in the company include Domain Associates, Polaris Venture Partners and investor and Apnex chairman Michael Berman.
- Post-Facebook, Sequoia Has Most IPOs; Bessemer, Greylock Trail Closely
I took a look at the 17 venture-backed companies that have either conducted IPOs since mid May or filed for intended offerings. Here are the investors holding major stakes in the most deals.
VCs See Rebirth in Life SciLife-sciences and health investing, long shunned by venture-capital investors, is making a comeback. Several venture firms globally have raised or are raising funds this year in the $200 million to $400 million range dedicated to life sciences, biotech, and medicine...
- Boston Scientific to Acquire BridgePoint Medical
Boston Scientific Corporation is to acquire BridgePoint Medical. Minneapolis, Minnesota-based BridgePoint Medical was established in 2007 to develop and commercialize new technologies to treat challenging coronary artery disease. Investors include New Enterprise Associates, Polaris Venture Partners, Foundation Medical Partners and Michael Berman.
- Charlie O’Donnell’s Brooklyn Fund Nets First Close
New York City native Charlie O'Donnell is under the Brooklyn Bridge and dreaming--and LPs are buying in on his inaugural seed fund.
- Duolingo Raises $15 Mln Round Led by New Enterprise Associates
New Enterprise Associates has led a $15 million Series B round for Duolingo. Union Square Ventures, an existing investor, also participated. Pittsburgh-based Duolingo, a free service, teaches users a new language while they translate content on the web.
- Aerohive Bags Mezz Financing
Aerohive, the California-based Wi-Fi and cloud enterprise networking company, has taken on a $22.5 million round of mezzanine equity financing led by VC Institutional Venture Partners. Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, New Enterprise Associates, Northern Light and Four Rivers also participated in the funding. Aerohive was founded in 2006 and had previously raised $72 million in funding, according to a statement.
- Reuters - Desire2Learn Seals $80M in VC Backing
Some big name VCs (including one investor north of the border) back Canadian startup Desire2Learn as it looks to continue its explosive growth.