New Enterprise Associates (NEA) is an American-based venture capital firm. NEA focuses investment stages ranging from seed stage through growth stage. NEA invests across a broad array of industry sectors. With over $18 billion in assets under management, NEA was the world's largest venture capital firm in 2007.
The firm is headquartered in Menlo Park, California, and Washington, D.C., and has additional offices in Baltimore, Bangalore, Beijing, Boston, Mumbai, New York City, San Francisco and Shanghai.
Since its founding, NEA invested in over 650 companies, and realized nearly 500 liquidity events (with close to 200 portfolio company IPOs and 300 portfolio company acquisitions), making NEA one of the most prolific and successful venture capital firms.
Fishing deal with China would settle maritime dispute Philippines
A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.
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