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NEA-Incubated Acclarent Acquired by Johnson & Johnson's Ethicon
Date:12/16/2009

successfully spun out six venture-funded companies to date. In addition to Acclarent and TransVascular, Inc. (acquired by Medtronic, Inc.), these include EndoMatrix (acquired by C.R. Bard, Inc.); Moximed, Inc.; NeoTract, Inc.; and Vibrynt, Inc. Other incubator programs at NEA have created companies like Anulex Technologies, Inc.; Apnex Medical, Inc.; BridgePoint Medical; CVRx, Concentric Medical, Inc.; Evalve, Inc.; Ivantis, Inc.; and Rotation Medical, Inc. Following their incubation, these companies have collectively raised close to $700 million in venture capital funding.

About NEA

New Enterprise Associates, Inc. (NEA) is a leading venture capital and growth equity firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With approximately $11 billion in committed capital, NEA invests in information technology, healthcare and energy technology companies at all stages in a company's lifecycle, from seed stage through IPO. Since the firm's founding in 1978, NEA's experienced management team has invested in over 650 companies, of which more than 165 have gone public and more than 265 have been acquired. In the U.S., NEA has two offices in the Washington, D.C. metropolitan area and one in Menlo Park, California. In addition, New Enterprise Associates (India) Pvt. Ltd. has offices in Bangalore and Mumbai, India and New Enterprise Associates (Beijing), Ltd. has offices in Beijing and Shanghai, China. For additional information, visit www.nea.com.

SOURCE New Enterprise Associates, Inc.


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SOURCE New Enterprise Associates, Inc.
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