New Enterprise Associates related stories
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Messaging app Sochat reels in $2 mlnMessaging app and connection platform Sochat has raised $2 million in Series Seed funding. Eniac Ventures led the round with participation from WeChat founder Allen Zhang, New Enterprise Associates, Greylock Partners, Slow Ventures, Foundation Capital, Betaworks, Maiden Lane and Steven Sinofsky of Andreessen Horowitz. Fenwick & West LLC advised Sochat on the transaction.
- PGDx scores $21.4 mln Series A
Baltimore-based Personal Genome Diagnostics Inc, a provider of advanced cancer genome testing products and services, has secured $21.4 million in Series A funding. New Enterprise Associates led the round with participation from other investors that included Windham Venture Partners and Nanjing Kaiyuan Growth Capital Investments. In addition to the funding, Dr. Justin Klein, a general partner at NEA, has been added to PGDx's board of directors while Felix Dawson and Adam Fine of Windham Venture Partners will become board observers.
- Expanded meal kit delivery options mean bigger menu
Startups and IPO-bound companies are cooking up plenty of VC interest with convenient, fresh meals
- NEA promotes Nayeem to partner
New Enterprise Associates Inc. said Tuesday that it promoted Sara Nayeem to partner. Dr. Nayeem joined NEA's healthcare team in 2009 and is focused on investments in biopharma.
PE HUB First ReadIn First Read, Congress and the White House reach a tentative budget deal, Uber is reportedly raising another $1 billion and JPMorgan says it's building a rival to Apple Pay.
- NEA backs cyber security company illusive networks
Tel Aviv-based illusive networks, a cyber security company focused on targeted attacks, announced it has raised a $22 million Series B round of funding led by new investor New Enterprise Associates. Also participating in the round are new and existing investors Bessemer Venture Partners, Marker LLC, Citi Ventures and Eric Schmidt’s Innovation Endeavors. The company earlier this year raised $5 million in a Series A round. Kittu Kolluri, general partner at NEA, has joined the board as part of the latest funding.
- AppSheet raises $1.5 mln from New Enterprise Associates
AppSheet said Friday that it raised $1.5 million in Seed funding from New Enterprise Associates. Seattle-based AppSheet provides a code-free platform for creating and deploying mobile business apps.
- Galera Therapeutics pulls in $37 mln Series B
Malvern, Pennsylvania-based Galera Therapeutics, a biotech company focused on treating cancer patients, has closed $37 million in Series B funding. Novo Ventures led the round with participation from previous backers New Enterprise Associates, Novartis Venture Fund, Correlation Ventures and Galera Angels. In conjunction with the funding, Dr. Thomas Dyrberg, a managing partner of Novo Ventures, has been added to Galera's board of directors.
- NEA leads Series B round for GLAMSQUAD
New York City-based GLAMSQUAD, an on-demand beauty services provider, has raised $15 million in Series B funding. New Enterprise Associates led the round with participation from previous backers SoftBank Capital, Lerer Hippeau Ventures, Montage Ventures and AOL's BBG Ventures. In conjunction with the funding, Dayna Grayson, a general partner at NEA, has been added to GLAMSQUAD's board of directors.
Venture fundraising hits doldrums in SeptemberOnly $4.4 billion raised in Q3 as fundraising drops off last year’s pace