I was putting together the monthly list of most active U.S.-based VCs for the next issue of Venture Capital Journal and was stunned to see New Enterprise Associates atop the list with 12 deals. That’s a much larger number than we typically see for a monthly period.
What’s it mean? Maybe it’s a sign that deal making is finally heating up after a long cool spell. Or maybe NEA just wanted to let loose.
To put those numbers into perspective, here’s how the prior three months looked: For September, the most active VC was NEA, with eight deals; for August, it was Kleiner Perkins, with five deals; and for July, it was Intel capital, with seven deals.
VCJ subscribers can get an early look at the entire top 10 list here.
Here’s a peek at NEA’s deals:
|October Investments by New Enterprise Associates|
|Company Name||Company Description|
|Data Robotics Inc.||Provides storage hardware and solutions.|
|Diapers.com||Sells baby-care products online.|
|GlycoMimetics Inc.||Develops glycobiology-based therapies.|
|Inhibitex Inc. (Nasdaq: INHX)||Develops products to treat infectious diseases.|
|NeoTract Inc.||Manufactures medical devices.|
|Pentaho Corp.||Develops Open Source Business Intelligence software.|
|SecondMarket Inc.||Enables buying/selling of shares in private companies.|
|SmartDrive Systems Inc.||Provides driver risk management systems and services.|
|Sunesis Pharmaceuticals Inc.||Develops drugs to treat solid and hematologic cancers.|
|TidalTV Inc.||Operates as an online video advertising network.|
|ValueFirst Messaging Pvt. Ltd.||Provides mobile messaging services.|
|Zyngenia Inc.||Develops antibody drugs.|
|Source: Thomson Reuters|
Please feel free to share your theories about whether this is a sign that the market is coming back to life or whether this is just an anomaly.