New Enterprise Associates is raising a massive $2.5B for its 15th fund
New Enterprise Associates (NEA), one of the largest venture capital firms around, is raising its 15th fund.
NEA is raising $2.5 billion for its new fund, according to a filing today with the U.S. Securities and Exchange Commission.
The filing lists NEA partners Peter Barris, Forest Baskett, Anthony Florence, Krishna Kolluri, David Mott, Jon Sakoda, Scott Sandell, Peter Sonsini, Ravi Viswanathan, and Harry Weller as the fund’s managers.
NEA invests in companies across industries, investment stages, and geographies. The firm currently has more than 300 companies in its portfolio, according to its website. More than 190 companies it has invested in have gone public, and more than 310 have merged with or been acquired by other companies. It recently invested in Welltok, TrackMaven, Uber, and Elance-oDesk, among others.