New Enterprise Associates related stories
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Nuvolo takes in $10 mln Series AJersey City, New Jersey-based Nuvolo, an enterprise asset management company, has secured $10 million in Series A funding. GE Ventures led the round with participation from previous backers New Enterprise Associates and ServiceNow Ventures.
- New Enterprise Associates raises $3.3bn
View the latest capital raises
- Movius nabs $15 mln Series C
Atlanta-based Movius, a provider of cloud-based enterprise mobility solutions, has secured $15 million in Series C funding. PointGuard Ventures led the round with participation from other investors that included New Enterprise Associates and Anschutz Investment Company.
- NEA closes mega fund with $3.3 bln
New Enterprise Associates has raised $3.3 billion in commitments for its 16th fund, which the firm has already begun investing. The pool is the firm’s fifth fund of $2 billion or more and it is also the largest ever vehicle raised by the venture fund. Two years ago, NEA raised $2.8 billion for Fund 15 along with a $350 million opportunity fund.
- 50 Cent, Carmelo Anthony, Kevin Spacey and others back mattress startup Casper
San Francisco-based mattress startup Casper has secured $170 million in Series C funding. Target led the round with participation from other investors that included Tresalia, IVP, Norwest, Lerer Hippeau Ventures, New Enterprise Associates, Irving Capital, Kevin Spacey, Curtis "50 Cent" Jackson and Carmelo Anthony.
- Conviva rakes in $40 mln
Silicon Valley-based Conviva, a provider of solutions for online video optimization and online video analytics, has secured $40 million in funding. The investors included Future Fund, New Enterprise Associates, Foundation Capital and Time Warner Investments.
- NEA promotes one to partner and three to principal
New Enterprise Associates has promoted Amit Mukherjee to partner. Also, the venture firm has upped Matt Sacks, Andrew Schoen and Blake Wu to principal. Mukherjee joined NEA in 2012 while Sacks, Schoen and Wu came on board in 2014.
- VC-backed SetPoint Medical names chief medical officer
Santa Clarita, California-based SetPoint Medical, a developer of bioelectronic therapy for chronic inflammatory diseases, has appointed Dr. David Chernoff as chief medical officer. Chernoff has been a chief medical officer for a number of companies that include Crescendo Bioscience, Adamas Pharma, XDX, CardioDX, Tethys Biosciences and Aquinox Pharma. SetPoint's backers include Morgenthaler Ventures, New Enterprise Associates, Topspin Partners, Medtronic, GlaxoSmithKline’s Action Potential Venture Capital Limited and Boston Scientific.