Compass Labs Inks Funds From NEA and Presidio
Compass Labs has secured $6 million in funding from New Enterprise Associates and Presidio Ventures. Headquartered in San Jose, CA, Compass Labs was founded in 2009 and applies science to social media advertising with CLIQ (Compass Labs IQ), a social media advertising platform that makes targeted social advertising campaigns easy to execute for agencies and...
Solar Junction Knows its Function, Closes $19M D Round
Solar Junction, the California-based developer of solar cells, bagged another $19.2 million from current investors with an additional investment from strategic IQE. Other investors include New Enterprise Associates, Advanced Technology Ventures, and Draper Fisher Jurvetson. PRESS RELEASE: SAN JOSE, Calif., Feb 13, 2012 — Solar Junction, a developer of high efficiency multi-junction cells for the...
NEA Appoints Special Senior Advisor
Global venture capital firm New Enterprise Associates has appointed Carmen Chang as a special senior advisor. Chang is to retire as a partner at Wilson Sonsini Goodrich & Rosati, where she specialized in corporate and securities law and led the firm’s China practice. At NEA, she will work with NEA’s portfolio of companies based in,...
NEA Names Florence and Sonsini General Partners, Promotes Grossi and Klein to Partner
Venture firm New Enterprise Associates announced today that it has promoted four members of its investment team. Tony Florence and Peter Sonsini have been named general partners, while Tom Grossi and Justin Klein are now partners. Florence joined NEA in 2008 and is co-head of its venture growth equity practice. Sonsini, who joined the firm in 2005, is co-leader...
New Enterprise Associates Promotes Four
New Enterprise Associates has promoted four: Tony Florence to general partner; Peter Sonsini to general partner; Tom Grossi to partner; and Justin Klein to partner. Florence joined NEA in 2008 and co-leads the firm’s venture growth equity practice. Sonsini joined NEA in 2005 and co-leads the firm’s Enterprise Infrastructure and Services practice. Grossi joined NEA...
Snagfilms Closes Growth Funding Round
SnagFilms has closed a seven-figure financing round to accelerate its growth plans. All current investors participated, including New Enterprise Associates and Comcast Interactive Capital , along with two new investors: media and Internet executive Terry Semel and David Fialkow, co-founder and managing director of General Catalyst Partners. The company has also arranged its first debt...
Prosensa Raises Funding Round
Prosensa, a Dutch biopharmaceutical company focusing on RNA-modulating therapeutics for rare diseases, has raised €23 million (US$29.8 million) in new equity financing. The financing was led by new investor New Enterprise Associates (NEA) and was supported by existing investors, Abingworth, Life Sciences Partners, Gimv, Idinvest Partners and MedSciences Capital.
PRESS RELEASE
Prosensa, the Dutch biopharmaceutical company focusing...
Elance Inks $16m Expansion Capital
Elance, an Internet platform used by businesses to gain instant access to independent workers online, has secured $16 million in expansion capital. The investment was led by the Stripes Group with existing investors, New Enterprise Associates and Kleiner Perkins Caufield & Byers, participating.
PRESS RELEASE
Elance, the Internet platform used by businesses to gain instant access...
Fantasy Shopper Gets Funding
Fantasy Shopper, an online experience that socialises and gamifies online shopping, has secured first round funding led by Accel Partners and NEA. This funding will enable Fantasy Shopper to build out engineering and business development resources and expand into new markets.
PRESS RELEASE
Fantasy Shopper, a new online experience that socialises and gamifies online shopping, today announced...
Leyden Energy Partners with Powermat
Leyden Energy, a manufacturer of advanced lithium-imide batteries, has partnered with Powermat Technologies, a provider of wireless charging technology for smartphones and other consumer electronics. Leyden Energy’s is backed by New Enterprise Associates, Lightspeed Ventures, Sigma Partners and Walden International.
PRESS RELEASE
Leyden Energy, Inc., the leading manufacturer of advanced lithium-imide (Li-imide(TM)) batteries, today announced an agreement...
BuzzFeed Inks $15.5M
BuzzFeed has sealed $15.5 million from investors including New Enterprise Associates, Lerer Ventures, Hearst Media, Softbank and RRE Ventures. NEA and Lerer led the round. As a result of the round, Patrick Kerins, a general partner at NEA will join BuzzFeed’s board. Kenneth Lerer, manager of Lerer Ventures and co-founder of The Huffington Post, will...
Lithium Technologies Inks $53.4M
Emeryville, Calif.-based e-commerce and marketing company Lithium Technologies has raised a whopping $53.4 million in new capital. New investor New Enterprise Associates led the round, with participation from new backer SAP Ventures as well as “all existing Lithium investors,” the company said. Lithium previously raised capital from investors including DAG Ventures, Tenaya Capital, Benchmark Capital,...
