NEA's China fund to join Netscreen and WebEx founders
More information is surfacing regarding NEA's announcement of its China strategy.
Apparently, a new fund called Northern Light will be formed and will be raising its first $100 million this fall. NEA will be a special LP in the fund and as a result will receive some deal flow from Northern Light. The firm will be founded by Feng Deng and Yan Ke from Netscreen, which was purchased by Juniper. Also joining them will be Min Zhu who is from WebEx and was a venture partner at NEA.
http://bubbler.net/5A-notes/521601/614192/
Apparently, a new fund called Northern Light will be formed and will be raising its first $100 million this fall. NEA will be a special LP in the fund and as a result will receive some deal flow from Northern Light. The firm will be founded by Feng Deng and Yan Ke from Netscreen, which was purchased by Juniper. Also joining them will be Min Zhu who is from WebEx and was a venture partner at NEA.
http://bubbler.net/5A-notes/521601/614192/
posted by Fear at 4:05 PM
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