New Enterprise Associates Opens New Outpost In NYC

Premier venture capital firm New Enterprise Associates has announced it will go forward with some freshly opened digs in the current number 2 and rising tech start-up capital New York City. The Chevy Chase, Maryland top shelf VC opened a satellite office in Manhattan this week.

The Big Apple has been making noise over the last couple of years as both an atmosphere where innovation [particularly in tech] is fertile, and also where the VCs which treasure such an atmosphere plant their flag. New York’s so called Silicon Alley, a thinly veiled reference to the mother of all innovation hubs Silicon Valley in Menlo Park, California has been on the rise of late drawing notable firms, including Google.

NEA is a worldwide powerhouse among VC’s and New York is by no means their first home away from home. The company has 2 offices in California [including one in the aforementioned Menlo Park] in addition to offices in Mumbai, Bangalore, Shanghai and Beijing.

NEA’s new Manhattan office in Chelsea [a particularly hot neighborhood for VCs] will focus on New York Metro area entrepreneurial pursuits.

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