New Enterprise Associates related stories
All articles and analysis
- Subtext Inks $3M from Google Ventures, Mayfield, Others
Digital reading company Subtext has inked $3 million from Google Ventures, Mayfield Fund, New Enterprise Associates and Omidyar Network. The company’s first product is a reading app for the iPad, designed to include social networking features that lay over standard ebooks.
- Reduced Groupon IPO to Price Nov. 3, Trade the Next Day
Groupon is expected to price its IPO on Nov. 3 and trade the next day, a source says. The Chicago-based daily deals could raise as much as $540 million, according to its latest SEC filing http://www.sec.gov/Archives/edgar/data/1490281/000104746911008605/a2205238zs-1a.htm Groupon said it planned to sell 30 million shares at $16 to $18 each via joint bookrunners Morgan Stanley, Goldman Sachs and Credit Suisse. The eleven other underwriters on the deal include Allen & Co., BofA Merrill Lynch and Barclays Capital. The underwriters have the option to buy an additional 4.5 million class A shares, the Oct. 21 SEC filing said.
- Dermira Closes $42M
Redwood City, Calif.-based Dermira has raised $42 million in Series A financing to back the acquisition, development and commercialization of novel therapeutics in dermatology. Investors include Bay City Capital, New Enterprise Associates and Canaan Partners. In conjunction with the financing, Dermira also said that it has acquired Valocor Therapeutics, which has a pipeline of development stage dermatology programs for the treatment of acne, inflammatory skin diseases, and other conditions.
- Care.com Inks $25M, According to Filing
Care.com has raised $25 million in new funding, according to a regulatory filing http://sec.gov/Archives/edgar/data/1412270/000141227011000002/xslFormDX01/primary_doc.xml The company is an online search portal that helps people find caregivers – ranging from babysitters to housekeepers and senior caregivers. Care.com inked a $20 million round last year from investors including New Enterprise Associates, Matrix Partners and Trinity Ventures.
- SCI Solutions Secures Senior Financing
MidCap Financial LLC , a commercial finance company focused exclusively on middle market healthcare companies, has announced that Zions Bank has joined in the senior financing to SCI Solutions. MidCap Financial continues to act as sole bookrunner, sole lead arranger, and administrative agent in the senior secured credit facilities in support of SCI, a portfolio company of The Wicks Group of Companies and New Enterprise Associates.