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Wheel Barrel of Money

Venture giant New Enterprise Associates    filed paperwork Monday morning signaling plans to raise a 14th fund of as much as $2.3 billion.

The Securities and Exchange Commission filing by NEA comes two years after it closed a $2.5 billion fund.

The firm, which has offices in both Chevy Chase and Menlo Park, Calif., has been a prolific investor through both the recession and the latest consumer Internet boom. And its ability to raise a new fund should be greatly enhanced by a flurry of recent exits, including the November 2011 IPO of Chicago-based Groupon Inc    .

To read the full, original article click on this link: New Enterprise Associates to raise $2.3 billion VC fund - Washington Business Journal