Good news for our industry. The IPO market is heating up again.
Good news for NEA located in Silver Spring, Maryland and led by Peter Barris. They are investors in both Boingo and Groupon. They also led the investment in Advertising.com, which we acquired at AOL, and they are also the founding VC investor in MediaBank, another company I serve on the board. And NEA is also an investor in Clearspring Technologies, a company of which I am chairman of the board. NEA is hot! I so enjoy working with Peter Barris, Harry Weller and the team at NEA.
In fact, I think NEA was one of the first investors in Boingo and I know NEA was the founding venture capitalist in Groupon. I was there.