New Enterprise Associates Promotes Viswanathan to Partner

Tuesday, 21 December 2004, 08:00 Hrs
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VIRGINIA : New Enterprise Associates (NEA) announced the promotion of Ravi Viswanathan, Ph.D. to Partner. Viswanathan focuses on information technology investments.

Ravi Viswanathan joined NEA earlier this year as a Principal and has proved invaluable in assisting and evaluating a number of NEA investments. Just prior to NEA, Ravi worked in Goldman Sachs' private equity group.

Ravi is based in Reston, Virginia.

New Enterprise Associates (NEA) is a venture capital firm focused on helping entrepreneurs create and build major new enterprises that use technology to improve the way we live, work and play. Since its founding in 1978, the firm has followed the same basic principles: support their entrepreneurs, provide an excellent return to their limited partners and practice their profession with high standards and respect. Practicing venture capital for over 25 years, NEA focuses on early stage investments, playing an active role in assisting management to build companies of lasting value. With $6 billion under management, NEA's experienced management team has invested in over 500 companies, of which more than 149 have gone public and more than 187 have been acquired. NEA has offices in Reston, Virginia, Menlo Park, California and Baltimore, Maryland.

Source: IANS
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