New Enterprise Associates related stories
All articles and analysis
Echodyne scores $20 mlnEchodyne, a maker of high-performance radars for government and commercial markets, has secured $20 million in financing. The investors included Bill Gates, Madrona Ventures, NEA, Vulcan Capital, Lux Capital and Vanedge Capital.
- Vensana wraps up inaugural medtech fund
Vensana Capital, which was launched by healthcare-focused venture firm Versant Ventures, has closed its debut fund at US$225 million. Vensana Capital I's limited partners include public pensions, university endowments, foundations, academic health systems, family offices and fund-of-funds. The fund will invest in the medical tech sector. Versant's offices include San Diego, San Francisco, Minneapolis, New York City and Vancouver, British Columbia.
Friday Letter: Construction is the new VC darling; NEA 17 marches along; and a VC in a unicorn shirtA weekly letter from the VCJ editor about an assortment of what's happening in VC, along with who we're meeting and what we're hearing
LACERS approves $205m in commitmentsThe US public pension has backed six diversified buyout and venture capital funds.
- LACERS bets $35 mln on NEA’s latest mega-fund
NEA 17 has now raised capital from at least nine public pensions, including Nebraska, Sacramento and LA pension funds.
Survival of the biggest: firms fill gargantuan war chestsLarge funds are the differentiators for late-stage general partners as established firms fill gargantuan war chests to do battle for the hottest growth companies and new era of concentration is settling in
- Rewards app Drop raises $59 mln in HOF-led Series B, RBC invests
Toronto-based mobile rewards platform Drop has raised $59 million (US$44 million) in a Series B financing, bringing total funding to $95 million (US$71 million). The round was led by U.S. venture capital firm HOF Capital and joined by New Enterprise Associates, Sierra Ventures and White Star Capital. RBC, Canada’s largest bank, also signed on as a strategic investor. Founded in 2015 and led by CEO Derrick Fung, Drop provides a free app that allows users to earn cash rewards on their purchases with more than 300 merchants. In addition, it connects brands with shoppers, including much sought-after Millennials.