NEA Has Closed On $2.6 Billion For Its 14th Fund, Perhaps The Biggest In VC History

Colleen Taylor is based in San Francisco where she is a reporter for TechCrunch TV. Previously she worked for GigaOM, where she reported on startups and Silicon Valley. Earlier, Colleen reported for Mergermarket, an online newswire and subsidiary of the Financial Times focused on M&A. Before that, she was a contributing editor for Electronic News, the semiconductor industry trade newsletter. Colleen... ? Learn More

Screen shot 2012-05-09 at 4.53.42 PM

New Enterprise Associates, the global venture capital firm with headquarters in Silicon Valley, confirmed today that it has raised $2.6 billion for NEA 14, its fourteenth venture capital fund. TechCrunch reported it was raising the fund back in May.

NEA is known for raising large funds, but this one takes the cake: It’s easily NEA’s largest ever, and it may well be the largest in venture capital history. The only one that comes close is the $2.56 billion fund that Oak Investment Partners raised for its twelfth fund back in 2006 — but that was arguably not quite a venture capital round (Oak’s investments are wider ranging) and also not quite as large as what NEA has raised.

Either way, it’s a whole lot of money.

New Enterprise Associates partner Tony Florence told me in an interview today that while the new money is certainly plentiful, NEA’s focus in deploying it will stay pretty steady. “From a sector perspective we will continue to be very enterprise-focused, but also very very active in the consumer internet space, where there are certainly some newer areas of excitement,” he said.

Geographically, NEA is branching out in a cautious manner as well, Florence said. “We’ve been very active in India and China for over a decade, and we’re interested in investing across a lot of different geographies. Brazil is very interesting to us, other parts of Southeast Asia [beyond India] are interesting to us. There are a lot of exciting economies that are really ripe from our perspective.”


New Enterprise Associates (NEA) is a leading venture capital firm, consistently ranking among the top firms in portfolio IPOs each year, with more liquidity events than any other venture capital firm. Since its founding, the firm has backed more than 170 companies that have gone public and invested in more than 290 companies that have been successfully merged or acquired. For more than 30 years, NEA has been helping to build great companies. Our committed capital has grown to...

Learn more jQuery(function() { jQuery("#tabs-crunchbase").tabs(); });

View the original article here


This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.
-

Comments

Post a Comment

Popular posts from this blog

delphi - Disable and change color of node in Treeview -

Image
i looking way of disabling proper nodes . let's have created simple treeview structure below: parent 1 (disable) parent 2 child 1 child 2 (disable) so far have found workaround how that, still doesn't work @ all. use onchanging event handler: procedure tform1.treeviewchanging(sender: tobject; node: ttreenode; var allowchange: boolean); begin if (node.text = 'parent 1') or (node.text = 'child 1') allowchange := false; end; it works, because can't click on node, issue after 'disabling' node way, color of parent 1 , child 1 nodes same other. way change color of nodes (grey)? or maybe know way disabling nodes in ttreeview component? to disable node, set enabled property false . disabled item displayed in gray color. to change normal color of nodes text, change ttreeview.font.color . to change color of disabled nodes text, use oncustomdrawitem event: procedure tform2.treeview1customdrawitem(sender: tcu...
Read more

elasticsearch python client - work with many nodes - how to work with sniffer -

i have 1 cluster 2 nodes. i trying understand best practise connect nodes, , check failover when there downtime on 1 node. from documentation : es = elasticsearch( ['esnode1', 'esnode2'], # sniff before doing sniff_on_start=true, # refresh nodes after node fails respond sniff_on_connection_fail=true, # , every 60 seconds sniffer_timeout=60 ) so tried connect nodes this: client = elasticsearch([ip1, ip2],sniff_on_start=true, sniffer_timeout=10,sniff_on_connection_fail=true) where ip1/ip2 machine ip's (for example 10.0.0.1, 10.0.0.2) in order test it, terminated ip2 (or put non existent if) now, when trying connect, get: transporterror: transporterror(n/a, 'unable sniff hosts - no viable hosts found.') even ip1 exist , up. if trying connect this: es = elasticsearch([ip1, ip2]) then can see in log if client not getting response ip2, move ip1, , return valid response. so missing here something? thought s...
Read more

unity3d - Rotate an object to face an opposite direction -

i have object , b. when click on object b, rotates object b (a faces b). b doesn't face a. need following : when faces b, need face opposite direction. have code rotating @ b. how rotate face opposite direction after that? vector3 targetdirection = target - transform.position; float step = speed * time.deltatime; vector3 newdirection = vector3.rotatetowards (turretdome.transform.forward, targetdirection, step, 0.0f); turretdome.transform.rotation = quaternion.lookrotation (newdirection); you object facing object b, want inverse direction of object after that? objecta.transform.rotation = quaternion.inverse(objecta.transform.rotation) but lets assume example turretdome object a, (negate direction): turretdome.transform.rotation = quaternion.lookrotation (-newdirection); naturally, both of these snippets not show how smoothen rotation, seem know how use time.deltatime. just incase unsure, quaternion.lerp this
Read more