New Enterprise Associates related stories
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Raise locks in $60 mln Series CRaise, a mobile payments company and gift card marketplace, has secured $60 million in Series C funding. Accel led the round with participation from PayPay, New Enterprise Associates and Bessemer Venture Partners. In conjunction with the funding, Sameer Gandhi of Accel and Chicago entrepreneur Mark Tebbe will join Raise’s board of directors.
- NEA leads $3 mln seed round for Swirlds
Swirlds said Sept. 14 that it raised $3 million in seed funding led by New Enterprise Associates. Swirlds, of College Station, Texas, provides a software platform to build applications that use the cloud without servers.
- Qadium raises $40 mln in IVP-led funding
San Francisco-based Qadium, a provider of online security services, announced it has raised $40 million in Series B funding led by IVP. Joining the round are new investor TPG Growth and prior investors New Enterprise Associates, Founders Fund, Susa Ventures, and individual angels. The company raised a $20 million Series A round last year led by NEA.
- VC-backed Nightstar files for IPO
London-based Nightstar, a retinal gene therapy company, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set. Nightstar is planning on listing the stock on the NASDAQ under the ticker symbol "NITE." Jefferies LLC, Leerink Partners LLC and BMO Capital Markets Corp are the lead underwriters. Nightstar is backed by Wellington Management Company, Redmile Group, Syncona and New Enterprise Associates.
- Personal safety app SafeTrek raises $3.2 mln seed round
St. Louis-based SafeTrek, developer of an app focused on providing personal safety, announced it has raised $3.2 million in seed funding. Cultivation Capital led the round, which included participation from New Enterprise Associates, Maveron and Aspect Ventures. a 100% women-founded venture firm.
- DCM Ventures leads TravelBank's latest round
San Francisco-based TravelBank, provider of a travel expense and rewards app for business, announced it has raised $25 million in a Series B round of funding. DCM Ventures led the round of funding with participation from Propel Venture Partners, DanHua Capital, New Enterprise Associates, Accel Partners and Silicon Valley Bank. The company has now raised $35 million since it was founded in 2016. DCM co-founder General Partner David Chao has joined the board.