35 posts and columns on NEA
News Bytethe company announced on Friday. Braintree provides the backend infrastructure powering a large number of sites, including Fab, Uber, Airbnb and others, and is doing north of $8 billion in payments volume on its platform annually. Fry, who was chosen specifically for his infrastructure background, joins the likes of NEA, Accel Partners, Braintree CEO Bill Ready and Nigel Morris of Capital One on the company’s board.
News ByteDeveloperAuction matches engineers and job openings through a process that involves curating a pool of candidates for two-week “auction” periods, requiring employers to specify an offer value before scheduling interviews, and giving cash bonuses to hired engineers on their first day. The year-old company just raised $2.7 million from investors including NEA and Sierra Ventures.
News Bytehelping brick-and-mortar retailers track shopping habits with in-store sensors, has raised $17.3 million in a series B venture round, the company announced Thursday. The round was led by Benchmark Capital; NEA, Harrison Metal, and Novel TMT Ventures also participated.
News ByteMOOCs are revolutionary and all, but free online courses for thousands of people at a time still seems like a crazy experiment. Another edtech startup, called Quad Learning, is taking an approach that plays more within conventional systems, by offering community college courses online and then helping participating students transfer to top schools for their degrees. It has raised $11 million from investors including New Atlantic Ventures and NEA.