Chevy Chase-based New Enterprise Associates Inc. has raised $2 billion for its 14th fund and may raise another $500 million before it’s done, the venture giant disclosed in a Securities and Exchange Commission filing on Wednesday.
NEA, which originally signaled its intention to raise $2.3 billion in March, increased the forecasted size of the latest fund to $2.5 billion.
To read the full, original article click on this link: NEA raises $2 billion for new fund, ups target - Washington Business Journal