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 as the largest in its history, and perhaps a... Read more
Whether it's revenue, users, funding, whatever -- nowadays in tech, it seems like the numbers just keep getting bigger. The latest example of this: New Enterprise Associates, the global venture capita... Read more
When it comes to learning, BenchPrep believes that the most effective educational content doesn't come in the form of books -- or even eBooks. Instead, it's interactive and cross platform. That's why ... Read more
Angel investing may be hot, but it looks like things are not too shabby for the tech industry's most powerful late-stage venture capital firms either. Institutional Venture Partners (IVP) is announcin... Read more
Kaazing, a provider of live Web and mobile communication and the developer of HTML5 WebSocket, has raised $15 million in funding, bringing the companys total financing to $39 million. New investors th... Read more
With Square yet to enter Europe, there is an increasing amount of activity from would-be competitors looking to fill the same niche using dongles on smartphones to enable card payments. The latest com... Read more
Desire2Learn, a Canadian online education startup that offers an increasingly popular cloud learning platform for higher education, K-12 and Fortune 1000 companies, just announced that it has raised a... Read more
Alexia said this was coming a few weeks ago, so it shouldn't come as a huge surprise, but... Viddy announced this morning that it has closed a $30 million Series B funding round. The new financing com... Read more
SugarCRM, a provider of commercial open source CRM software, has completed a $33 million equity and debt financing round. We're told around $14 million of the round was equity financing. The investmen... Read more