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New Enterprise Associates (NEA), one of the largest venture capital firms around, is raising its 15th fund.

NEA is raising $2.5 billion for its new fund, according to a filing today with the U.S. Securities and Exchange Commission.

The filing lists NEA partners Peter Barris, Forest Baskett, Anthony Florence, Krishna Kolluri, David Mott, Jon Sakoda, Scott Sandell, Peter Sonsini, Ravi Viswanathan, and Harry Weller as the fund’s managers.

The firm’s previous fund, raised in 2012, was around the same size as the new one — $2.6 billion. In May, fellow big fundraiser Norwest Venture Partners raised $1.2 billion for its 12th fund.

NEA invests in companies across industries, investment stages, and geographies. The firm currently has more than 300 companies in its portfolio, according to its website. More than 190 companies it has invested in have gone public, and more than 310 have merged with or been acquired by other companies. It recently invested in Welltok, TrackMaven, Uber, and Elance-oDesk, among others.

NEA was founded in 1977 by Chuck Newhall, C. Richard Kramlich, and Frank Bonsal III, and is headquartered in Menlo Park, Calif., with offices around the world.

The firm announced earlier today that Frank Torti and Rick Yang had been promoted from principals to partners.


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