tech:

taffy

NEA Promotes Team Members To Partners

[Techtaffy Newsdesk]

New Enterprise Associates (NEA) has promoted four members of its investing team:  Tony Florence to General Partner, Peter Sonsini to General Partner, Tom Grossi to Partner, and Justin Klein to Partner.

Tony Florence joined NEA in 2008 and co-leads the firm’s venture growth equity practice. His current investments include Care.com, Cvent, EverFi, Gilt Groupe, Lot 18 and Moda Operandi. Mr. Florence led NEA’s investment in Quidsi (Diapers.com, soap.com), which was acquired by Amazon in 2011.

Peter Sonsini joined NEA in 2005 and co-leads the firm’s Enterprise Infrastructure and Services practice. His current investments include Apprenda, BeachMint, BuzzMedia, Conviva, Embrane, Engine Yard, Eucalyptus Systems, Lithium Technologies, MapR, Splashtop and Tintri. Mr. Sonsini previously led NEA’s investments in Xensource (acquired by Citrix Systems) and Teracent (acquired by Google).

Tom Grossi joined NEA in 2005 and is focused on investments in enterprise technology, digital media and e-commerce. He is a director of Apprenda, Lot18, newBrandAnalytics and Poggled and is involved with NEA’s investments in Data Robotics, MediaBank, Millennial Media and ViXS. He also worked closely with Echo Global Logistics, Groupon, Innerworkings and Vertica.

Justin Klein joined NEA in 2006 and is focused on the medical device and biopharma sectors. He is a director of CV Ingenuity, PhaseBio Pharmaceuticals, Ulthera, VertiFlex, and VytronUS; he also serves as a board observer for Carticept Medical, ExploraMed, Moximed, Sensors for Medicine and Science, TriVascular and Vibrynt.

Just in

Blaize raises $106M

El Dorado Hills, CA-based AI computing company Blaize has raised $106 million.

Rivos raises $250M

Santa Clara, Calif.-based Rivos, a RISC-V accelerated platform company focusing on data analytics and Generative AI, has raised $250 million in its Series A-3 funding round

IBM, Canada, and Quebec invest $137M to strengthen semiconductor industry

IBM, the Government of Canada, and the Government of Quebec announced agreements to develop the assembly, testing and packaging capabilities for semiconductor modules at IBM Canada's plant in Bromont, Quebec.

Net neutrality is back: U.S. promises fast, safe and reliable internet for all — NPR

Consumers can look forward to faster, safer and more reliable internet connections under the promises of newly reinstated government regulations, writes Emma Bowman of NPR.