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.
20 June 2017•1 min read
