New Enterprise Associates, the venture capital firm based in Menlo Park, has added Richard K. Whitney to its healthcare and life sciences group as a venture partner.
Whitney will work from Menlo Park, the firm said in a statement. A venture partner is someone who helps a firm find companies to invest in, though they typically don’t have the same full management responsibilities that a firm’s other members have.
Whitney founded Whitney Capital LLC, a private equity investment firm focused primarily on healthcare services and products.
Previously, he served as executive chairman of Specialty Labs.