NEA Has Closed On $2.6 Billion For Its 14th Fund, Perhaps The Biggest In VC History
Colleen Taylor is based in San Francisco where she is a reporter for TechCrunch TV. Previously she worked for GigaOM, where she reported on startups and Silicon Valley. Earlier, Colleen reported for Mergermarket, an online newswire and subsidiary of the Financial Times focused on M&A. Before that, she was a contributing editor for Electronic News, the semiconductor industry trade newsletter. Colleen... ? Learn More New Enterprise Associates, the global venture capital firm with headquarters in Silicon Valley, confirmed today that it has raised $2.6 billion for NEA 14, its fourteenth venture capital fund. TechCrunch reported it was raising the fund back in May. NEA is known for raising large funds, but this one takes the cake: It’s easily NEA’s largest ever, and it may well be the largest in venture capital history. The only one that comes close is the $2.56 billion fund that Oak Investment Partners raised for its twelfth fund back in 2006 — but that was arguably not quite a ventu...