Blog

  • The $800M Gorilla: eBay to Acquire Mobile Payments Disruptor Braintree

    Today we are excited to report that eBay has agreed to acquire Braintree, a payments company that processes more than $12 billion in transactions a year, for $800 million. It’s one of the year’s larger M&A transactions so far, also notable as an early exit in a sector where investors have placed some big bets—more than $800 million over the last year alone in mobile payments. NEA made one of those bets on Braintree because we saw a company with great leadership and…

  • Seeing the Future When Video Clouds Collide

    We are excited to be a part of today’s $50 million financing in Blue Jeans Network, the world’s fastest growing cloud-based video conferencing service.  NEA invested in Blue Jeans over 2 years ago and has had the privilege of watching the service grow from a proof-of-concept to a disruptive product now serving over 2,000 customers and 3 million participants.  The premise behind Blue Jeans is very simple – make video conferencing as pervasive and easy to use as audio…

  • Kaazing: Powering Real-time Communication for the Next-Gen Web and Mobile Enterprise

    Deep technology shifts are underway today – including mobile, cloud, HTML5, and much more – causing a fundamental rethinking of modern infrastructure. Applications today must offer high performance on mobile devices and in the browser, and they must meet scalability and bandwidth demands that are growing by orders of magnitude. Although most infrastructure today struggles to meet such demands, technologies are emerging to re-invent the architecture of these systems. At NEA, we…

  • Managing personal health through social, mobile technologies: it’s not an app, it’s an ecosystem.

    Today Welltok®, developers of the CaféWell® social health management platform that enables consumers to optimize their health in partnership with plans and providers, announced a Series B round of funding to accelerate product development and increase focus on strategic partnerships. NEA believes that Welltok is uniquely positioned to deliver a vital service to consumers and we are thrilled to be a new investor in an already strong syndicate—particularly with the…