NAV Closes $115M Third Fund

New Atlantic Ventures, a venture firm with offices in Reston, VA, and Cambridge, MA, says it has closed its third fund, NAV III LP, at $115 million, according to a press release published on news website PE Hub. The firm says that it invests in high-growth technology sectors such as wireless, new media, and online services.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.