Menlo Park, CA-based venture capital firm New Enterprise Associates has opened a new office in New York City, according to VentureWire. NEA, which also has offices in Maryland, has invested in such New York companies as luxury apparel retailer Moda Operandi; Gilt Groupe, which offers discounts from retailers, restaurants, and other service providers; and Quidsi, a Jersey City e-commerce company acquired last November by Amazon.com. NEA led a $10 million funding round for Moda Operandi in June.
Author: João-Pierre S. Ruth
After more than thirteen years as a business reporter in New Jersey, João-Pierre S. Ruth joined the ranks of Xconomy serving first as a correspondent and then as editor for its New York City branch. Earlier in his career he covered telecom players such as Verizon Wireless, device makers such as Samsung, and developers of organic LED technology such as Universal Display Corp.
João-Pierre earned his bachelor’s in English from Rutgers University.
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