NEA Promotes Amit Mukherjee To Principal; Blake Wu Promoted To Senior Associate

MENLO PARK, Calif., June 14, 2016 /PRNewswire/ -- Global venture capital firm New Enterprise Associates, Inc. (NEA) today announced the promotions of Amit Mukherjee to Principal, and Blake Wu to Senior Associate.

"We're very pleased to recognize the contributions Amit and Blake have made to NEA's investing practice," said Scott Sandell, Managing General Partner of NEA. "On the tech side, Amit has demonstrated significant knowledge, leadership, and investment acumen—especially with regard to NEA's consumer practice. On the med side, Blake has not only contributed extreme diligence and exceptional quality of work to the NEA team, but is an asset to the portfolio companies he partners with as well. We are thrilled to recognize both Amit and Blake with these well-deserved promotions, and are eager to witness their continued growth and achievements as they embrace their new roles at NEA."

Amit Mukherjee joined NEA's technology team in 2012 and is focused on consumer and internet investments. He works closely with many NEA portfolio companies, including Casper, MasterClass, and The Players' Tribune. Other NEA investments that Amit has assisted on include Uber, Snapchat, Duolingo, Coursera, Robinhood, Jet.com, Banjo, GreenChef and Lot18. Amit was named to the 2016 Forbes 30 Under 30 in Venture Capital.

Blake Wu joined NEA's healthcare team in 2014, where he works on investments across healthcare services, healthcare IT, biopharma and medical devices. He works closely with many NEA portfolio companies, including Elements Behavioral Health, Bright Health, Radiology Partners and Pager.

Both Mukherjee and Wu are based in the firm's Menlo Park Office.

About NEA

New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With nearly $17 billion in cumulative committed capital since inception, NEA invests in technology and healthcare companies at all stages in a company's lifecycle, from seed stage through IPO. The firm's long track record of successful investing includes more than 200 portfolio company IPOs and more than 320 acquisitions. www.nea.com.

SOURCE New Enterprise Associates, Inc. (NEA)

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