New Enterprise Associates
About New Enterprise Associates
5425 Wisconsin Ave. , Chevy Chase, Md. 20815
www.nea.com
| 301-272-2300
| Founded: 1978
Industry: Other | Category: Top Private Companies
As part of its plan to develop a presence in emerging markets, the venture capital firm New Enterprise Associates expanded its operations in India last year, making investments of up to $200 million in several technology sectors. Other investment targets during the year included San Diego-based Novalar Pharmaceuticals; 23andME.com, a Web-based service that helps clients read and understand their DNA, including their family ancestry; and ChannelAdvisor, an e-commerce company that helps retailers maximize profit across multiple Web sites.
2007 Financial Data
Total employees: 100 | Local employees: 50Did You Know
CORPORATE CULTURE: NEA co-founder Dick Kramlich, 72, and his wife, Pam, have one of the world's most extensive collections of "media art," created with computer graphics, animation, robotics and other technologies.