New Enterprise Associates related stories
All articles and analysis
NEA promotes two to GPNew Enterprise Associates announced that Mohamad Makhzoumi and Chetan Puttagunta have each been promoted to general partner. NEA also named Partner Carmen Chang, who leads the firm’s China operations, as Chairman and Head, Asia. Additionally, two members of the firm’s portfolio services team were promoted. Albert Lee was named Design Partner and Holly Rose Faith was promoted to Talent Partner.
- VC-backed BloomReach buys Hippo
BloomReach Inc has acquired Hippo B.V., a web content management company. No financial terms were disclosed. BloomReach is backed by Bain Capital Ventures, Battery Ventures, New Enterprise Associates, Salesforce Ventures and Lightspeed Ventures.
- TravelBank launches, announces funding
San Francisco-based TravelBank, which provides an app to help manage expense reporting and budgeting, launched today. The company also disclosed it had raised $10 million in Series A funding from New Enterprise Associates, Accel Partners and angel investors. TravelBank co-founder Duke Chung was previously founder of customer service software developer Parature, which Microsoft bought in 2014 or $100 million.
- Vitamin startup Ritual pulls in $3.5 mln seed
Los Angeles-based Ritual, a newly launched health brand and vitamins provider, has raised $3.5 million in seed funding, according to a spokesperson for the company. Forerunner Ventures led the round with participation from Norwest Venture Partners, New Enterprise Associates, Upfront Ventures and Rivet Ventures.
- Larco joins New Enterprise Associates
Vanessa Larco has joined New Enterprise Associates Inc as a Partner based in the Bay Area. Larco most recently served as Box's Director of Product Management for Mobile and Web.
- NEA leads $36 mln round for Relievant Medsystems
Redwood City, California-based medical device company Relievant Medsystems Inc has raised $36 million in funding. New Enterprise Associates led the round with participation from Canaan Partners, Emergent Medical Partners and Morgenthaler Ventures.
Georgian Partners invests in Welltok's $33.7 mln Series A financingU.S. consumer health enterprise software company Welltok Inc has raised US$33.7 million in a Series E financing. The round saw participation from both new and existing investors, including Canadian growth equity firm Georgian Partners, which led the company's US$45 million follow-on round /canada/2015/12/georgian-partners-led-45-mln-round-backs-welltoks-buy-of-silverlink/ last December. Denver, Colorado-based Welltok said the latest funds raised will be used to continue development of its CaféWell health optimization platform plus complementary offerings, and to expand into new market segments. Georgian Partners raised US$375 million for its third fund /canada/2016/8/georgian-partners-raises-375-mln-war-chest-for-expanded-investment-strategy/ in August.
- Welltok nabs $33.7 mln Series E
Welltok, a consumer enterprise platform for the healthcare industry, has secured $33.7 million in Series E funding. The investors in this round included New Enterprise Associates, Bessemer Venture Partners, Georgian Partners, Emergence Capital, InterWest Partners, Sigma Partners, HLM Venture Partners, Flare Capital Partners, Okapi Venture Capital and Miramar Ventures.