New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm investing in startups from seed through growth stage. In 1977, NEA was founded by Richard Kramlich, Chuck Newhall, and Frank Bonsal.
Notable investments include: Bloom Energy, Box, ByteDance, Cloudflare, Coursera, Databricks, FTX, Goop, HackerOne, Houzz, MongoDB, Patreon, Plaid, Robinhood Markets, and Upwork.
Orby AI, is building a generative AI platform that attempts to automate a range of different business workflows, including workflows that involve data entry, documents processing and forms validation.
Amazon generates a lot of trash. Precisely how much is a matter of some debate. In 2021, the company says it used 214 million or so pounds of single-use plastic…
Mojo Vision’s Series A hits $43.5M, following pivot to micro-LED displays
Back in April, Mojo Vision announced a new $22.4 million Series A. Six months later, the round has nearly doubled to $43.5 million, courtesy of New Enterprise Associates (NEA) and…
The concept of taking existing properties and repurposing them is not a new one. After all, Airbnb is a high-profile example of people turning vacation homes, for example, into revenue…
AI-powered search engine Perplexity AI lands $26M, launches iOS app
A search startup raised $26 million recently to offer an AI-powered rival to Google. Perplexity AI, which bills itself as a “conversational search engine,” closed a Series A funding round…
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NEA now manages over $25 billion in assets — oh, and it’s looking beyond venture
New Enterprise Associates, known by the acronym NEA, has closed a new pair of early-stage and growth-stage funds, both hovering a little over $3 billion to a total of $6.2 billion. The two-fund structure is a first that begets another first for the 45-year old firm: TechCrunch has learned that…
DeltaStream secures cash to build real-time streaming databases
DeltaStream, which is developing a streaming database platform geared toward enterprise customers, today announced that it raised $10 million in a seed round led by New Enterprise Associates. The funding…
Assembled, which bills itself as a workforce management platform for customer support teams, today announced that it raised $51 million in a Series B funding round led by New Enterprise…
Recycling robotics firm Glacier emerges from stealth with $4.5M
I’ve got to admit, the respective pedigrees of Glacier’s founders are a bit unexpected for a recycling robotics company. Areeb Malik used to be a software engineer at Facebook, and…
SafeBase bags $18M Series A to speed up vendor security auditing process
Every company has to check the security credentials of its software vendors before signing on the dotted line to make a purchase. It usually involves a clunky non-digital process of…
Jeffrey Katzenberg, WndrCo flex funding muscles with string of new deals
His firm has been injecting capital into an eclectic group of companies lately, and we wanted to find out what he’s been up to.
SeMI Technologies’ search engine opens up new ways to query your data
SeMI takes unstructured data and creates a semantic search engine so that you can actually ask your data questions and get answers.
Embrace grabs a new funding round amid unveiling of new mobile data intelligence software
Digital traffic worldwide is increasingly done through mobile devices, and Embrace is bringing visibility to that data to companies.
Clarifai moves beyond computer vision to manage companies’ unstructured data
Clarifai enables customers to make sense of the 90% of unstructured data they have using artificial intelligence.
Investors share how infrastructure as code is taking over DevOps
Infrastructure as code (IaC) has been gaining wider adoption among DevOps teams in recent years, but the complexities of data center configuration and management continue to create problems — and…
Workera.ai, a precision upskilling platform, taps $16M to close enterprise skills gap
Finding the right learning platform can be difficult, especially as companies look to upskill and reskill their talent to meet demand.
Robinhood files to go public after squeaking to profitability in 2020
This afternoon Robinhood, the popular investing app for consumers filed to go public. The company intends to list on the NASDAQ under the symbol “HOOD.” That Robinhood released an S-1…
Spokn slurps out the BS in corporate internal comms and replaces it with audio storytelling
The podcasting world remains one of the most vibrant formats in media (and I am not just saying that since the Equity crew won a Webby yesterday for our not-that-humble…
Patreon has tripled its valuation to $4 billion in a $155 million funding round led by Tiger Global, the company confirmed to The Wall Street Journal on Tuesday. The creator…
App monitoring platform Sentry gets $60 million Series D at $1 billion valuation
Application performance monitoring startup Sentry announced today that it has reached unicorn status, raising a $60 million Series D with a post-funding valuation of $1 billion. The round was led…
Resilience raises over $800 million to transform pharmaceutical manufacturing in response to COVID-19
Resilience, a new biopharmaceutical company backed by $800 million in financing from investors including ARCH Venture Partners and 8VC, has emerged from stealth to transform the way that drugs and…
Anyscale adds $40M to bring its Ray-based distributed computing tech to the enterprise masses
The world of distributed computing took on a new profile this year when Folding@home, a 20-year-old distributed computing project, found itself picking up thousands of new volunteers to help COVID-19…
Grid raises $12M Series A to turn spreadsheets into visual ‘narratives’
Grid, a SaaS startup founded in Iceland that lets you turn spreadsheets into visual “narratives,” has closed $12 million in Series A funding. The round is led by New Enterprise…
New Enterprise Associates goes to Hollywood and launches a venture firm with CAA
New Enterprise Associates has launched a new investment initiative with the Hollywood talent agency Creative Artists Agency. The new partnership, called Connect Ventures, said it will identify and accelerate the…
BTS label Big Hit Entertainment inks broad partnership with streaming tech company Kiswe
The town of New Providence, N.J. may seem like an unlikely home for a company that’s just inked a new deal with Big Hit Entertainment (the label behind the global…
Former Stitch Fix COO Julie Bornstein just took the wraps off her app-only e-commerce startup, The Yes
After teasing the launch of their new startup last year, e-commerce veteran Julie Bornstein and her technical co-founder, Amit Aggarwal, are today launching The Yes, a women’s shopping platform that…
Mojo Vision’s technology still felt early-stage when we met with them back at CES. But the demos we did see were enough to convince us that there really could be…
NEA-backed Personal Genome Diagnostics receives FDA clearance for its cancer diagnostic
Personal Genome Diagnostics, the venture-backed developer of a novel diagnostic kit for genomic profiling of different cancers in lab settings, has received clearance from the U.S. Food and Drug Administration…
Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn
In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors…
While many venture capital firms spend their days either chasing the limelight or shunning it, for the last 42 years, New Enterprise Associates has just done the work of investing…
