ARTICLE | Finance

NEA aims to stay giant

Healthcare/tech investor NEA raising $2.5B for 15th fund

January 19, 2015 8:00 AM UTC

If 2014 was a good year for raising new venture funds, 2015 could turn out to be a fine year as well. New Enterprise Associates is looking to raise a fresh $2.5 billion, according to a Jan. 13 SEC filing.

According to the National Venture Capital Association, venture firms last year raised $29.8 billion in 254 funds - the most since 2007 in dollar amount and the busiest year by number of funds since 2001, according to the group. ...