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New Enterprise Associates closes more than $3B in capital for new funds – Washington Business Journal

By April 16, 2015News
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New Enterprise Associates has closed more than $3.1 billion in new capital for its 15th fund and a joint “opportunity fund,” the Chevy Chase venture capital giant said Wednesday.

The raise marks the fourth consecutive $2.5 billion-plus fund and brings the total capital under the firm’s umbrella since its 1977 inception to nearly $17 billion.

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