Uber backers NEA, Menlo Ventures raise large venture funds

April 15, 2015 11:30 AM

53 0

SAN FRANCISCO, April 15 (Reuters) - New Enterprise Associates has raised $2.8 billion for its 15th fund while Menlo Ventures has raised $400 million for its 12th, the venture-capital firms announced Wednesday.

In addition, NEA raised another $350 million for later-stage investments.

Also read: Ecuador judge orders jail for ex-minister in Petroecuador bribery case

Read more

To category page