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New Enterprise Associates is the latest venture capital firm to feel the need to open an outpost in New York as investment momentum continues to build there.

Associated Press One of the largest venture firms, NEA, with U.S. offices in Chevy Chase and Timonium, Md., and in Menlo Park, Calif., has opened a Manhattan office that various partners on both coasts will share, Partner Tony Florence told VentureWire.

“This is a reflection of our continued commitment to the area,” Florence said. “In our opinion, world-class innovation is occurring here, so we’re deepening our presence.”

 

To read the full, original article click on this link: Start Spreading the News: NEA Opens New York Office - Venture Capital Dispatch - WSJ

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