New Enterprise Associates related stories
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NEA promotes two and hires oneNew Enterprise Associates has promoted Tim Schaller to chief operating officer and chief financial officer. Also, the Silicon Valley-based venture firm has promoted Louis Citron to chief administrative officer and chief legal officer. And, the firm has hired Crystal Huang as a principal on its technology investing team.
- Metacrine nabs $65 mln Series C
San Diego-based Metacrine, a developer of therapies for patients with liver, gastrointestinal and metabolic diseases, has raised $65 million in Series C financing. Venrock Healthcare Partners led the round with participation from other investors that included Franklin Templeton Investments, Deerfield Management, Arrowmark Partners, Invus, Lilly Asia Ventures, Vivo Capital, Arch Venture Partners, venBio, Polaris Partners, New Enterprise Associates and Alexandria Venture Investments.
- NEA acquires DaVita's primary care business Paladina Health
New Enterprise Associates has acquired Paladina Health, a provider of primary care clinics, from DaVita. No financial terms were disclosed; however, a CNBC.com https://www.cnbc.com/2018/06/06/nea-buys-davitas-paladina-health-for-around-100-million.html report on the deal stated the amount was about $100 million. Paladina Health currently operates more than 50 physician offices in Colorado, Washington, Texas, Wisconsin, Ohio, North Carolina, South Carolina, Kentucky, New Jersey and Florida.
- NEA leads Series B round for women's luxury footwear brand Tamara Mellon
Tamara Mellon, a direct-to-consumer women’s luxury footwear brand, has raised $24 million in Series B financing. New Enterprise Associates led the round with participation from Quadrille Capital.
- Hello Alfred secures $40 mln Series B
Boston and New York City-based Hello Alfred, a subscription errand service, has raised $40 million in Series B funding. Divco West and Invesco led the round with participation from other investors that included New Enterprise Associates and Spark Capital.
- Data security company Virtru picks up $37.5 mln Series B
Data security company Virtru has raised $37.5 million in Series B financing, according to an announcement https://www.virtru.com/blog/virtru-iconiq-join-forces/ on its site. ICONIQ Capital led the round with participation from other investors that included Bessemer Venture Partners, New Enterprise Associates, Samsung NEXT, Soros Capital, Blue Delta and Thyra Global.
- VC-backed Fugue adds two to board of directors
Frederick, Maryland-based Fugue, which automates security and compliance in the cloud, has named Will Dunbar and John Morris to its board of directors. Dunbar is a general partner at Core Capital Partners while Morris is a former CEO of Cleversafe. Also, Frank Slootman, chairman and former CEO of ServiceNow, has been added to Fugue's board of advisors. Fugue's backers include New Enterprise Associates, Future Fund, Maryland Venture Fund and Core Capital Partners.
- Reltio scores $45 mln Series D in NEA-led round
Redwood Shores, California-based Reltio, a provider of a self-learning data platform, has raised $45 million in Series D funding. New Enterprise Associates led the round with participation from return backers Crosslink Capital, .406 Ventures and Sapphire Ventures.
- CareZone pockets $50 mln Series D
CareZone, a smartphone service for managing chronic health conditions, has raised $50 million in Series D funding. NEA led the round.
- Sentry raises $16 mln led by NEA, Accel
San Francisco-based Sentry, provider of APM for developers, announced it has raised $16 million in a Series B round of funding led by existing investors New Enterprise Associates and Accel. The company, founded in 2008, has now raised $26.5 million in total funding.