Blog Post

New Enterprise Associates Raises Additional $1 Billion For Latest Fund

imageNew Enterprise Associates has added $1 billion to its latest fund, bringing the total amount raised for the fund to $2.2 billion. NEA’s goal is to raise $2.5 billion, according to VentureBeat. It had closed on the first $1.2 billion in January, and has since raised $150 million from Teacher Retirement System of Texas, and about $15 million each from the San Francisco Employees