DLA Piper represented New Enterprise Associates, Inc. (NEA) in connection with its participation in a US$50 million Series C financing in Tamara Mellon Brand, Inc., a Los Angeles-based direct-to-consumer luxury footwear company started by Jimmy Choo co-founder, Tamara Mellon.
NEA is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With more than $20 billion in cumulative committed capital since the firm's first fund closed in 1978, 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 225 portfolio company IPOs and more than 375 acquisitions.
The DLA Piper team was led by partner Louis Lehot (Silicon Valley), co-chair of the US Emerging Growth and Venture Capital practice, and associate Ian Hlatky (Los Angeles); and included partner Rachel Paris (Silicon Valley) and associate Patrick Chao (Sacramento).