NEA Closes Fund XIII with Nearly $2.5 Billion
New Enterprise Associates today announced that it has closed its thirteenth fund with nearly $2.5 billion in capital commitments. A regulatory filing from late last year had shown that the firm had $2.45 billion committed from 189 accredited investors, including around a 1% commitment from the general partner. NEA closed its previous fund with just over $2.5 billion in 2006.
6 January 2010•3 mins read
