BusinessWeek Logo
November 23, 2009 10:07 AM ET
New Enterprise Associates

Company Overview

New Enterprise Associates (NEA) is a venture capital firm specializing in investments in venture growth equity at all points of developments with a 60 percent focus on seed and start-up stage companies. The firm prefers to invest in the information technology sector with a focus on communications, software and services, and electronics industries and the healthcare sector with a focus on energy technology, biopharmaceuticals, medical devices, healthcare services, and healthcare information technology industries. It initially invests between $200,000 and $40 million in a company and typically sponsors subsequent finance rounds. New Enterprise Associates was founded in 1978 and is based in Men...

Detailed Description

2855 Sand Hill Road

Menlo Park, CA 94025

United States

Founded in 1978

Phone:

650-854-9499

Fax:

650-854-9397

www.nea.com

Key Executives

Co-Founder and General Partner
Co-Founder and General Partner
Age: 73
Chief Financial Officer
Age: 52
Chief Financial Officer
Chief Operating Officer and Administrative General Partner
Compensation as of Fiscal Year 2009.

Key developments for New Enterprise Associates

New Enterprise Close To Acquiring A Minority Stake In RT Outsourcing

New Enterprise Associates is close to acquiring a minority stake in RT Outsourcing Services, Ltd. A person familiar with the situation said that the deal size could be INR 0.65 billion to INR 0.75 billion. The source added, “Talks are at an advanced stage and the transaction is expected to close next week.” Economic times added that, emails sent to both RT Outsourcing and New Enterprise Associates did not elicit any response.

New Enterprise Associates Names PM Pai as Venture Partner

New Enterprise Associates announced that solar industry veteran PM Pai has joined the firm as a Venture Partner. Mr. Pai, who has more than 30 years of manufacturing and mass production expertise spanning several industries and is the former Chief Operating Officer (COO) of SunPower, will work with NEA's energy technology team to advance the firm's robust portfolio of more than two dozen companies in the sector. Mr. Pai is currently a director of two NEA portfolio companies, Suniva Inc., and Deeya Energy.

PM Pai Joins New Enterprise Associates as Venture Partner

New Enterprise Associates announced that solar industry veteran PM Pai has joined the firm as a Venture Partner. Mr. Pai, who has more than 30 years of manufacturing and mass production expertise spanning several industries and is the former Chief Operating Officer (COO) of SunPower, will work with NEA's energy technology team to advance the firm's robust portfolio of more than two dozen companies in the sector. Mr. Pai is currently a director of two NEA portfolio companies, Suniva Inc.

Similar Private Companies By Industry

Company Name Region
Louis Capital Markets, LP, Research Division United States
Canyon Partners Incorporated United States
Usaa Federal Savings Bank Usaa Auto Owner Tr 2001-2 United States
Sequence Advisors, LLC United States
Stockwalk Group, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Private Placement
November 11, 2009
Playdom, Inc.
Private Placement
November 9, 2009
Apprenda Inc.
Private Placement
November 4, 2009
Zyngenia, Inc.


Stock Quotes

Company Lookup
Recently Viewed
INGG (GB) 7.90 GBX +1.10
IFIN (KW) 85.00 +1.00
CPQ (CA) C$3.61 CAD +0.08
USTR $53.36 USD +1.68
ANAT $100.71 USD +1.40

Market data is delayed at least 20 minutes.

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Trader Joe's Company United States
Lawyers Committee for Civil Rights Under Law United States

Companies Toolbox

Company Tools
Investing Tools

SEARCH FOR JOBS

Post a Job
See all Job Listings

Jobs by SimplyHired



Close Recommend A Data Enhancement Or Correction

For New Enterprise Associates Private

Submitting this data update / error report instantly puts the correct information in the hands of our researcher, who will investigate your report and, if necessary, make the changes to the company profile. Be sure to fill out the form completely.

Required Information Missing - Please enter your information in the following field(s):
DATA TO BE REVIEWED
Page Section*

Please indicate in which section the error appears. Section headers are in light gray type at the top of each CIC page module.

Data Point*

Please indicate which data is in error.

CONTACT INFORMATION

Please provide your name and email address in case our researchers need to get in touch with you as they investigate the error.

Your Name*
Your E-Mail Address*
YOUR RECOMMENDATION

Describe why you feel the data point is incorrect and indicate sources our researchers should check when they investigate the error.

Cancel Submit
You can drag this form within your browser window.

Thank you for submitting your information. We investigate data update requests and error reports as quickly as possible. Since some are easier to investigate than others, please be patient as we perform our research; it could take several weeks, depending on the nature of the error and whether your company is public or private.

You can drag this form within your browser window.