Post 200: Top D.C.-Area Businesses

New Enterprise Associates

About New Enterprise Associates

5425 Wisconsin Ave. , Suite 800, Chevy Chase, Md. 20815
www.nea.com | 301-272-2300 | Founded: 1978

Industry: Financial Services | 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: 50

Did 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.

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