Whether it's revenue, users, funding, whatever -- nowadays in tech, it seems like the numbers just keep getting bigger. The latest example of this: New Enterprise Associates, the global venture capital firm with headquarters in Silicon Valley, is in the process of raising $2.56 billion for its 14th fund, "NEA 14," according to regulatory documents filed today with the Securities and Exchange Commission. NEA has already closed on nearly $2.1 billion for the fund, and $487 million of the offering remains to be sold, the filing said.
Friday, May 11, 2012
NEA Raising $2.5 Billion For What Could Become One Of The Largest VC Funds In History
Whether it's revenue, users, funding, whatever -- nowadays in tech, it seems like the numbers just keep getting bigger. The latest example of this: New Enterprise Associates, the global venture capital firm with headquarters in Silicon Valley, is in the process of raising $2.56 billion for its 14th fund, "NEA 14," according to regulatory documents filed today with the Securities and Exchange Commission. NEA has already closed on nearly $2.1 billion for the fund, and $487 million of the offering remains to be sold, the filing said.
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