TechFlash: Harry Weller on why NEA raises gigantic funds; ScienceLogic eyes IPO

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NEA's Harry Weller on why the firm raises such gigantic funds And why he likens NEA's investment allocations to a Rubik's Cube. ScienceLogic CEO says the company could IPO in a year There were of course all the obligatory qualifiers: "This is a decision we have to make as a management team, market conditions could change, the public market receptivity could change, putting a timeline on it is difficult," CEO Dave Link said. "It could be sooner, or it could be later." GTT Communications acquires California Internet services company The cash and stock deal is expected to close April 1 after the companies obtain the proper regulatory approvals. The White House now has a chief data scientist. What does that mean? DJ Patil, who earned his doctorate at UMd., is yet another tech star to move from Silicon Valley to Washington. National Technology News Apple's electric car could be in production by 2020, report says Related: Apple poaches battery talent, tilting at Tesla Custom chip designer eASIC hopes to raise $75M in IPO Kleiner Perkins goes on the attack in Ellen Pao gender bias trial This accelerator is sending old media to startup boot camp Pinterest looks to pin down $11 billion valuation with fresh funding round Why EventUp is following in Groupon's footsteps

Kasra Kangarloo Staff Writer 703-258-0831 kkangarloo@bizjournals.com     From Upstart Business Journal This activist investor will need a ‘golden ticket’ to enter enigmatic robot factory Google partners with Lego for the ultimate science fair Hard-drive spying: Will Silicon Valley push back against NSA? Samsung scoops up startup to battle Apple Pay Pinterest looks to pin down $11B valuation with fresh funding round   Companies in the News New Enterprise Associates Kleiner Perkins Caufield & Byers ScienceLogic Goldman Sachs Managed Services GTT Communications LinkedIn PayPal eBay University of Maryland