Menlo Park, Calif. -- New Enterprise Associates (NEA), the Baltimore-based venture capital firm focused on IT, healthcare and energy technology, has raised the first $2.46 billion of a new $2.5 billion fund, according to a filing with the Securities and Exchange Commission (SEC). The firm, which has a major office in Menlo Park, said that it plans to raise another $42.3 million before closing the fund, it's 13th, overall. The news comes more than three years after the firm closed NEA 12, also worth $2.5 billion. Since its founding in 1978, NEA has invested in more than 500 companies, and currently has over $8.5 billion under management.
http://www.nea.com
http://www.sec.gov/Archives/edgar/data/1452907/000145290709000004/xslFormDX01/primary_doc.xml
