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  • Exclusive: SolidFire Raises $11 Million For 'Next-Gen' Cloud Storage Platform

    Exclusive: SolidFire Raises $11 Million For 'Next-Gen' Cloud Storage Platform

    SolidFire, a stealth Atlanta startup building a ‘next-generation’ cloud computing storage platform, has secured $11 million in Series A funding led by New Enterprise Associates with current investors Valhalla Partners and Novak Biddle Venture Partners participating. This brings the total of capital raised by the company to $12 million. Not too shabby for a company that can only… Read More

  • OPower Gets $50 Million To Drive Energy Efficiency Via Peer Pressure

    OPower Gets $50 Million To Drive Energy Efficiency Via Peer Pressure

    The Arlington, Va. clean tech startup, OPower, closed a $50 million series C investment led by Accel Partners and Kleiner Perkins Caulfield & Byers (KPCB) and joined by the company’s earlier investors New Enterprise Associates (NEA) the firms announced Monday. OPower’s software-as-a-service helps electric and gas utilities understand who their residential energy consumers are… Read More

  • New Enterprise Associates Bags Nearly $2.5 Billion For Thirteenth Fund

    New Enterprise Associates Bags Nearly $2.5 Billion For Thirteenth Fund

    New Enterprise Associates (NEA) this morning announced (PDF) the official close of its thirteenth fund, which it began investing in May 2009. At nearly $2.5 billion, it is comparable in size to NEA’s prior fund, which closed in 2006 and was just over $2.5 billion. According to NEA, its fund XIII represents an estimated 17 percent of all U.S. venture capital funds raised in 2009 and is… Read More

  • Exit Stage Right: Accel, Benchmark, NEA, And Foundation Saw The Most Exits In Q3

    For more TechCrunch Analysis, check out the Q3 09 Trends Report here. Which venture capitalists had the most exist last quarter? A peek at Crunchbase data shows that Accel Partners, Benchmark Capital, Foundation Capital and New Enterprise Asosciates all recorded at least three exits by acquisition in Q3 2009. The four firms were all also among the ten most active investors in CrunchBase in… Read More