NEA kicks the slump
The world’s largest VC firm, New Enterprise Associates, has announced the final close of its latest global fund, New Enterprise Associates XIII, at just under $2.5 billion, bringing its total committed capital to some $11 billion.
As NEA’s release pointed out, the $2.457 billion NEA XIII “represents an estimated 17% of all US venture capital funds raised in 2009 and is the largest single fund raised since 2007.” In a week...
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