New Enterprise Associates

NEA on energy tech: We’re in it for the long haul

While some venture capitalists are moving away from funding cleantech startups, NEA — one of the oldest and most established VC firms out there — plans to stay in energy tech investing for the long haul and will continue to invest in new energy innovators.

Cleantech VC funding drops by a quarter in Q2

Not a bigger shocker from the Cleantech Group this morning: the amount of venture capital funding that went into cleantech startups worldwide in the second quarter of 2012 dropped by 25 percent, in terms of total dollars spent, from the prior year second quarter.

A celebrity Fisker investor: Leonardo DiCaprio

Electric car company Fisker Automotive has a lot of investors — its broker Advanced Equities helped it raise funds from dozens of high-net worth individuals, in addition to its funding from venture capitalists. Turns out one of those investors is actor Leonardo DiCaprio.

Stormpath wants to add plug-and-play security to your cloud

Running a business that stores data in the cloud is becoming popular, but many of the security aspects of a large user base are things that companies still want to do on their own. Stormpath, which won the “people’s choice” award during the Launchpad competition at GigaOM’s Structure conference, was founded to solve that problem.

Illumitex raises $13.5M for LED lighting

While we’re all waiting for efficient LED lighting to one day become mainstream, venture capitalists are continuing to back LED innovation. LED chip maker startup Illumitex has raised another $13.52 million in equity, according to a government filing on Monday.

MashLogic Raises $2.5M Series A Round

MashLogic has received $2.5 million in Series A funding led by New Enterprise Ventures, according to the Menlo Park, Calif-based startup’s CTO…