Dick Kramlich’s Green Bay Ventures to Raise $130M Fund

2/8/17

Dick Kramlich

Dick Kramlich is back in the venture game.

This co-founder of New Enterprise Associates has set out to raise a $130 million fund along with long-time family money manager Anthony Schiller, according to an SEC filing. Their firm name is Green Bay Ventures.

Some news reports suggest he has already raised the money from mostly family offices.

The fund will focus on early stage rounds.

About C. Richard Kramlich

Dick is Co-Founder of NEA and is currently Chairman of the NEA Management Company. He was Managing General Partner of the firm through NEA VII when he turned the reins over to Peter Barris and became a General Partner. During the 20 years Dick was the Managing General Partner of NEA, the partnership achieved top quartile returns for its Limited Partners. Dick began his venture career in 1969 as a General Partner with Arthur Rock and Co. after nine years in general management as Manager of Financial Planning at the Kroger Co. and in investment management as Executive Vice President at Gardner & Preston Moss Company in Boston. In 1977 Dick was an early investor in Apple Computer for his own account. Since co-founding NEA in 1978, he has been involved in ten companies that have grown from start-up or near start-up stage to companies with market value in excess of $1 billion.

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