New Enterprise Associates

New Enterprise Associates, Inc. is a global venture capital and private equity firm based in Menlo Park, California, founded in 1977. The firm specializes in investments across various stages of company development, from seed and startup to later-stage growth and public investments. With over $19 billion in cumulative committed capital, NEA focuses on technology and healthcare sectors, particularly in areas such as consumer internet, financial technology, software, healthcare services, life sciences, and energy technology. The firm also invests in semiconductor companies and alternative energy initiatives in India. NEA has a proven track record, with more than 210 portfolio company IPOs and over 360 acquisitions. The firm's investment strategy encompasses a global perspective, targeting opportunities in North America, Asia, and South America, and typically involves investments ranging from $0.05 million to $20 million.

Michael Albert

Associate

Kate Barrett

Partner, Communications

Peter Barris

Chairman

Forest Baskett

General Partner

Ali Behbahani

General Partner

Ron Bernal

Venture Partner

Ann Bordetsky

Partner

Zak Burns

Associate

James Buxton

Principal

Carmen Chang

Partner and Head of Asia

Philip Chopin

Managing Director, NEA UK

Brandon Christie

Principal

Pamela Clark

General Partner

Vanessa Deng

Associate

Chris Doppman

Managing Director, LP Relations

Tony Florence

General Partner

Qiang Fu

Vice President

Robert Garland

Venture Partner

Jonathan Golden

Partner

Jay Graf

Venture Partner

Arjun Jain

Senior Associate

Ronald Kase

General Partner

Patrick Kerins

General Partner

Nick Kline

Partner, LP Relations

David Kramlich

Associate

Liza Landsman

General Partner

Danielle Lay

Principal

Tiffany Le

Senior Associate

Michael Li

Investor

Tiffany Luck

Partner

Mohamad Makhzoumi

General Partner

Ed Mathers

Partner and Board Member

Matthew McAviney

Partner

Robert J. McGovern

Venture Partner

Kemi Odusan

Investor

Jess Ou

Principal

Greg Papadopoulos

Venture Partner

Luke Pappas

Partner

Michele Park

Partner

Arno Penzias

Venture Partner

Justine Potemkin

Investor

Scott Sandell

Managing General Partner

Tim Schaller

CFO

Andrew Schoen

Partner

Brooke Seawell

Venture Partner - Menlo Park

Alex Sharata

Associate

Peter Sonsini

General Partner

Brad Thawley

Partner, Limited Partner Relations

Blake Wu

Partner

Lulu Xu

Principal

Edison Zhang

Associate

J.C. Lopez MD

Principal on NEA's Healthcare Team

Past deals in Online Portals

Evernow

Series A in 2022
Developer of an online teleconsultation platform designed to guide women during and after menopause. The company's platform has online access to specialized doctors, science-backed pieces of information and treatments with conversations and information about effective care for changing hormones, enabling women to live longer and healthier lives.

Flow Commerce

Series B in 2019
Flow provides a turn-key platform for e-commerce companies to go global, capturing international demand for their products. The platform enables merchants to simply configure their cross-border supply-chain requirements and immediately fulfill their overseas demand. Flow can be used by e-commerce companies of any size and both as a complete, end-to-end solution or as a modular unbundled product. Using the Flow platform the experience of buying and selling internationally is as easy as domestic for both merchants and consumers.

Opendoor

Series E in 2019
Opendoor operates an online real estate marketplace designed to simplify the home buying and selling process. Founded in 2014 and based in San Francisco, California, the platform allows sellers to receive offers without the need for listing or showing their homes, thereby eliminating the typical hassles associated with traditional sales. Buyers can browse available properties and gain instant access through the company's application, facilitating a seamless transaction experience. Opendoor generates revenue primarily from home sales, alongside additional income from various real estate services.

Naaptol

Venture Round in 2018
Naaptol Online Shopping Private Limited operates an online shopping portal in India, catering to shoppers, merchants, and market enthusiasts. Founded in 2008 and headquartered in Navi Mumbai, with additional offices in Delhi and Jaipur, Naaptol offers a diverse range of products across various categories. These include clothing and footwear for men and women, electronics such as mobiles and tablets, home and kitchen items, jewelry, automobiles, health and beauty products, toys, and fitness gear. The platform is designed to meet daily lifestyle needs, allowing consumers to conveniently access a wide selection of products and have them delivered to their doorsteps.

Opendoor

Series E in 2018
Opendoor operates an online real estate marketplace designed to simplify the home buying and selling process. Founded in 2014 and based in San Francisco, California, the platform allows sellers to receive offers without the need for listing or showing their homes, thereby eliminating the typical hassles associated with traditional sales. Buyers can browse available properties and gain instant access through the company's application, facilitating a seamless transaction experience. Opendoor generates revenue primarily from home sales, alongside additional income from various real estate services.

Retrieve

Venture Round in 2018
We offer a fully collaborative, modern digital experience for learning and communication. The Retrieve platform can be used by both education and enterprise clients. Teach and maintain courses, conduct student assessments. Communicate live or asynchronously via web conferences, discussion boards, and chat to students or remote employees. Share notes, files or images, distribute technical manuals, user guides and other documentation.

Opendoor

Series D in 2016
Opendoor operates an online real estate marketplace designed to simplify the home buying and selling process. Founded in 2014 and based in San Francisco, California, the platform allows sellers to receive offers without the need for listing or showing their homes, thereby eliminating the typical hassles associated with traditional sales. Buyers can browse available properties and gain instant access through the company's application, facilitating a seamless transaction experience. Opendoor generates revenue primarily from home sales, alongside additional income from various real estate services.

Sundar

Seed Round in 2015
Sundar, Inc. operates a curated digital platform that facilitates material discovery and supplier sourcing for the apparel and design industries. Founded in 2013 and based in Boston, Massachusetts, the company connects creative professionals with quality materials and qualified vendors globally. By offering centralized digital catalogs, advanced search features, and data-driven recommendations, Sundar enhances the sourcing process for both emerging and established designers. The platform promotes collaboration between material research, design, and production teams, streamlining the discovery and sampling of textiles and raw materials. Recognized with awards from prestigious organizations and featured in notable publications, Sundar has established itself as a key player in modernizing the apparel supply chain, which has traditionally been antiquated and opaque. The company has received backing from top venture capital firms and has roots in respected incubators such as MIT and Techstars.

Naaptol

Series D in 2015
Naaptol Online Shopping Private Limited operates an online shopping portal in India, catering to shoppers, merchants, and market enthusiasts. Founded in 2008 and headquartered in Navi Mumbai, with additional offices in Delhi and Jaipur, Naaptol offers a diverse range of products across various categories. These include clothing and footwear for men and women, electronics such as mobiles and tablets, home and kitchen items, jewelry, automobiles, health and beauty products, toys, and fitness gear. The platform is designed to meet daily lifestyle needs, allowing consumers to conveniently access a wide selection of products and have them delivered to their doorsteps.

Console Connect

Series B in 2015
Console Connect is an enterprise software and interconnection solution provider that operates over 170 points of presence globally. The company offers a platform that allows businesses to establish direct, secure connections to critical SaaS applications, cloud providers, and other enterprises, effectively bypassing the public internet. This solution enables private and reliable data transit, addressing the challenges typically associated with internet-based connectivity. With its focus on facilitating collaboration between networks and enterprises, Console Connect empowers organizations to connect seamlessly and efficiently, enhancing their operational capabilities.

Naaptol

Series C in 2015
Naaptol Online Shopping Private Limited operates an online shopping portal in India, catering to shoppers, merchants, and market enthusiasts. Founded in 2008 and headquartered in Navi Mumbai, with additional offices in Delhi and Jaipur, Naaptol offers a diverse range of products across various categories. These include clothing and footwear for men and women, electronics such as mobiles and tablets, home and kitchen items, jewelry, automobiles, health and beauty products, toys, and fitness gear. The platform is designed to meet daily lifestyle needs, allowing consumers to conveniently access a wide selection of products and have them delivered to their doorsteps.

Do

Seed Round in 2015
Do provides an online platform designed to enhance meeting productivity by centralizing notes, presentations, documents, and other relevant materials. The platform enables users to organize and facilitate discussions effectively, ensuring that decisions are clear and actionable. It allows users to create meetings online, invite participants, and maintain a dashboard that tracks discussed items and upcoming events. This streamlined approach aims to improve the overall efficiency of meetings and empower users to manage their scheduled engagements more effectively.

IndiaHomes

Venture Round in 2014
IndiaHomes is a prominent real estate advisory firm that assists home buyers in making informed decisions regarding property purchases in India and internationally. The company operates an online property portal that provides essential updates and insights into the property markets. By offering professional advisory services, IndiaHomes aims to guide customers through the complexities of the real estate market, ensuring they have the necessary information to navigate their buying journey effectively.

Upwork

Venture Round in 2014
Upwork Inc. operates an online talent marketplace that connects businesses with independent professionals and agencies worldwide. Founded in 1998 and headquartered in Santa Clara, California, Upwork offers a platform that facilitates access to a diverse range of talent across approximately 70 categories, including web development, graphic design, and customer service. The platform allows clients to streamline workflows related to talent sourcing, contracting, and project management, featuring functionalities such as communication tools, time tracking, invoicing, and payment processing. Upwork's services cater to various client needs through offerings like Upwork Basic, Plus, Business, Enterprise, and Payroll. The company has established itself as a significant player in the gig economy, enabling freelancers to earn substantial income while providing businesses with flexible workforce solutions.

Console Connect

Series A in 2014
Console Connect is an enterprise software and interconnection solution provider that operates over 170 points of presence globally. The company offers a platform that allows businesses to establish direct, secure connections to critical SaaS applications, cloud providers, and other enterprises, effectively bypassing the public internet. This solution enables private and reliable data transit, addressing the challenges typically associated with internet-based connectivity. With its focus on facilitating collaboration between networks and enterprises, Console Connect empowers organizations to connect seamlessly and efficiently, enhancing their operational capabilities.

IndiaHomes

Venture Round in 2014
IndiaHomes is a prominent real estate advisory firm that assists home buyers in making informed decisions regarding property purchases in India and internationally. The company operates an online property portal that provides essential updates and insights into the property markets. By offering professional advisory services, IndiaHomes aims to guide customers through the complexities of the real estate market, ensuring they have the necessary information to navigate their buying journey effectively.

Elance

Venture Round in 2012
Elance, an Upwork company, is an online service for finding and hiring leading freelancers from more than 180 countries. The site offers services of application developers, software engineers, testers, network administrators, web designers, graphic designers, copywriters, market researchers, SEO experts, and many others.

Upwork

Venture Round in 2012
Upwork Inc. operates an online talent marketplace that connects businesses with independent professionals and agencies worldwide. Founded in 1998 and headquartered in Santa Clara, California, Upwork offers a platform that facilitates access to a diverse range of talent across approximately 70 categories, including web development, graphic design, and customer service. The platform allows clients to streamline workflows related to talent sourcing, contracting, and project management, featuring functionalities such as communication tools, time tracking, invoicing, and payment processing. Upwork's services cater to various client needs through offerings like Upwork Basic, Plus, Business, Enterprise, and Payroll. The company has established itself as a significant player in the gig economy, enabling freelancers to earn substantial income while providing businesses with flexible workforce solutions.

Naaptol

Series B in 2011
Naaptol Online Shopping Private Limited operates an online shopping portal in India, catering to shoppers, merchants, and market enthusiasts. Founded in 2008 and headquartered in Navi Mumbai, with additional offices in Delhi and Jaipur, Naaptol offers a diverse range of products across various categories. These include clothing and footwear for men and women, electronics such as mobiles and tablets, home and kitchen items, jewelry, automobiles, health and beauty products, toys, and fitness gear. The platform is designed to meet daily lifestyle needs, allowing consumers to conveniently access a wide selection of products and have them delivered to their doorsteps.

Inporia

Seed Round in 2011
Inporia, Inc. is an e-commerce company based in Palo Alto, California, founded in 2011. It specializes in developing innovative e-commerce applications, with its flagship product being Kaleidoscope, an inspiration-driven app available on both Android and iOS platforms. Launched in early 2011, Kaleidoscope represents the first of several planned e-commerce applications from Inporia. The company was co-founded by Ryan Junee, a seasoned entrepreneur with experience in successful startups, alongside team members Sarah Kunst, Max Skibinsky, and Simon Ratner. Inporia has secured $1.25 million in seed funding from notable investors, including SV Angel and 500 Startups, to support its growth and product development.

ChannelAdvisor

Series D in 2008
ChannelAdvisor is a prominent provider of cloud-based e-commerce solutions, designed to help retailers and manufacturers enhance their global sales across various online platforms, including Amazon, Google, eBay, and Facebook. The company's software facilitates efficient product listing and advertising through automation and analytics, utilizing a single inventory feed to connect suppliers with consumers. This approach enables businesses to optimize inventory availability and pricing, ultimately driving billions of dollars in sales annually. Thousands of customers, including well-known brands like Eddie Bauer and Jockey, rely on ChannelAdvisor to significantly expand their operations. The company is based in Research Triangle Park, North Carolina.

Pressmart

Series A in 2008
Pressmart is a provider of a global content distribution platform that enables the electronic publishing of journals, newspapers, magazines, and other publications across various channels including web, mobile, and social media. The platform enhances the online reading experience by transforming static publications into interactive formats, incorporating features such as podcasts, blogs, opinion polls, and online shopping. Pressmart's customizable solutions facilitate community interaction and engagement with content while also integrating revenue and cost-saving capabilities for publishers. By leveraging advanced distribution methods, Pressmart enables readers to access knowledge and information conveniently, anytime and anywhere.

ChannelAdvisor

Series C in 2007
ChannelAdvisor is a prominent provider of cloud-based e-commerce solutions, designed to help retailers and manufacturers enhance their global sales across various online platforms, including Amazon, Google, eBay, and Facebook. The company's software facilitates efficient product listing and advertising through automation and analytics, utilizing a single inventory feed to connect suppliers with consumers. This approach enables businesses to optimize inventory availability and pricing, ultimately driving billions of dollars in sales annually. Thousands of customers, including well-known brands like Eddie Bauer and Jockey, rely on ChannelAdvisor to significantly expand their operations. The company is based in Research Triangle Park, North Carolina.
PortAuthority Technologies, Inc. specializes in developing security software designed to manage the communication of sensitive information through outbound email, internal channels, and the web. The company focuses on information leak prevention and data recovery solutions, effectively monitoring enterprise communications to prevent the unauthorized dissemination of confidential data. In addition to its core software offerings, PortAuthority provides a range of services, including risk assessment, risk visibility, risk remediation, and installation support. Its solutions cater to various industries, including financial services, healthcare, government, and technology, emphasizing the importance of safeguarding sensitive information in today's digital landscape.

Perfect Commerce

Venture Round in 2005
Perfect Commerce offers software-as-a-service (SaaS) spend management solutions and an open supplier network aimed at small and medium-sized organizations. Its product suite includes PerfectSource, which focuses on effective supply management; PerfectProcure, which controls the procure-to-pay process; and PerfectShop, which improves visibility of approved goods and services. The company also provides PerfectServices, which specializes in procurement operations by identifying organizational needs and analyzing spend and marketplace data. Additionally, Perfect Commerce features an Open Supplier Network that connects buyers and suppliers to streamline B2B transactions. The company serves a diverse range of industries, including chemicals, retail, energy, financial services, healthcare, hospitality, food products, education, manufacturing, technology, and transportation.

Upwork

Series E in 2004
Upwork Inc. operates an online talent marketplace that connects businesses with independent professionals and agencies worldwide. Founded in 1998 and headquartered in Santa Clara, California, Upwork offers a platform that facilitates access to a diverse range of talent across approximately 70 categories, including web development, graphic design, and customer service. The platform allows clients to streamline workflows related to talent sourcing, contracting, and project management, featuring functionalities such as communication tools, time tracking, invoicing, and payment processing. Upwork's services cater to various client needs through offerings like Upwork Basic, Plus, Business, Enterprise, and Payroll. The company has established itself as a significant player in the gig economy, enabling freelancers to earn substantial income while providing businesses with flexible workforce solutions.

Elance

Series E in 2004
Elance, an Upwork company, is an online service for finding and hiring leading freelancers from more than 180 countries. The site offers services of application developers, software engineers, testers, network administrators, web designers, graphic designers, copywriters, market researchers, SEO experts, and many others.

OnStation

Venture Round in 2004
OnStation (formerly CarStation.com ) is an online customer relationship management (CRM) solutions for enterprises in the automotive service industry, is redefining the way companies in the $132 billion market manage their customers. OnStation's online CRM solutions enable enterprises to improve profitability by stimulating increased customer visits, spending, loyalty and satisfaction

Perfect Commerce

Venture Round in 2003
Perfect Commerce offers software-as-a-service (SaaS) spend management solutions and an open supplier network aimed at small and medium-sized organizations. Its product suite includes PerfectSource, which focuses on effective supply management; PerfectProcure, which controls the procure-to-pay process; and PerfectShop, which improves visibility of approved goods and services. The company also provides PerfectServices, which specializes in procurement operations by identifying organizational needs and analyzing spend and marketplace data. Additionally, Perfect Commerce features an Open Supplier Network that connects buyers and suppliers to streamline B2B transactions. The company serves a diverse range of industries, including chemicals, retail, energy, financial services, healthcare, hospitality, food products, education, manufacturing, technology, and transportation.

Upwork

Venture Round in 2003
Upwork Inc. operates an online talent marketplace that connects businesses with independent professionals and agencies worldwide. Founded in 1998 and headquartered in Santa Clara, California, Upwork offers a platform that facilitates access to a diverse range of talent across approximately 70 categories, including web development, graphic design, and customer service. The platform allows clients to streamline workflows related to talent sourcing, contracting, and project management, featuring functionalities such as communication tools, time tracking, invoicing, and payment processing. Upwork's services cater to various client needs through offerings like Upwork Basic, Plus, Business, Enterprise, and Payroll. The company has established itself as a significant player in the gig economy, enabling freelancers to earn substantial income while providing businesses with flexible workforce solutions.

Elance

Venture Round in 2003
Elance, an Upwork company, is an online service for finding and hiring leading freelancers from more than 180 countries. The site offers services of application developers, software engineers, testers, network administrators, web designers, graphic designers, copywriters, market researchers, SEO experts, and many others.

Wayport

Venture Round in 2002
Wayport operates WiFi hotpots for partners since 1998 with key investors Seven Rosen Funds, New Enterprise Associates, Millennium Technology Ventures and Scale Venture Partners.

Mainstream Data

Venture Round in 2002
Mainstream Data, Inc. specializes in developing and deploying end-to-end delivery solutions utilizing advanced satellite, Internet, and information server technologies. The company provides a range of services, including transmission capacity, satellite uplinks, network management, and integrated high-speed Internet connectivity to customers globally. It offers various platforms such as MediasBrowser, which facilitates real-time access to multimedia content, and MediasFTP, a managed system for distributing photos, videos, and text files. Additionally, Mainstream Data provides tools for content collection from remote media professionals and comprehensive digital asset management solutions. Its Newscom service aggregates multimedia content from multiple agencies to serve diverse clients, including digital media outlets and publishers. Founded in 1985 and headquartered in Salt Lake City, Utah, Mainstream operates teleports and network operation centers in key locations, ensuring reliable service delivery around the clock.

Open Harbor

Series B in 2001
Open Harbor specializes in real-time global trade automation solutions, offering tools designed to enhance cross-border trade efficiency. The company's innovative platform provides a comprehensive suite of automated applications, including compliance screening for exports and imports, trade document generation and distribution, auto-manifesting, and total landed cost calculations. By integrating with a client's existing processes, Open Harbor enables exception-based management and facilitates proactive compliance and cost information sharing with supply chain partners at the order-receipt stage. Founded in 1999 and based in San Carlos, California, Open Harbor aims to streamline and simplify global trade operations through its cutting-edge technology.

HotDispatch

Series B in 2000
HotDispatch has created a new online marketplace where web-deliverable services can be purchased and sold. We focus on the exchange of information online, as opposed to services transacted over the web but delivered off-line. This distinguishes us from services for online airline and hotel reservations, employment classifieds, auctions, etc. The company was born in a brainstorm in August, 1998 and incorporated in January, 1999 with early financing from Sun Microsystems, Mitchell Kapor, Omar Khudari, and Omar Blaik; and more recent financing from NEA and Accel Partners. The HotDispatch launch comes at the end of a successful pilot sponsored by Sun Microsytems and involving more than 1,500 invited participants.

MyCustoms

Series A in 2000
Making global e-commerce a seamless reality.

eRoom Technology

Private Equity Round in 2000
eRoom Technology provides internet-based software applications and services that enable organizations to collaborate with their enterprises of employees, customers, suppliers, and other partners. The company’s software is used for a variety of projects, including designing and developing products, bringing new products to the market, establishing and coordinating activities across the supply chain, coordinating sales and support efforts, and managing consulting engagements from proposals through completion. eRoom Technology was founded in 1996 and is headquartered at Cambridge, Massachusetts, United States.

EqualFooting.com

Series B in 2000
EqualFooting.com, a B2B online marketplace that places small businesses on equal footing with large companies in the areas of purchasing.

Perfect Commerce

Series B in 2000
Perfect Commerce offers software-as-a-service (SaaS) spend management solutions and an open supplier network aimed at small and medium-sized organizations. Its product suite includes PerfectSource, which focuses on effective supply management; PerfectProcure, which controls the procure-to-pay process; and PerfectShop, which improves visibility of approved goods and services. The company also provides PerfectServices, which specializes in procurement operations by identifying organizational needs and analyzing spend and marketplace data. Additionally, Perfect Commerce features an Open Supplier Network that connects buyers and suppliers to streamline B2B transactions. The company serves a diverse range of industries, including chemicals, retail, energy, financial services, healthcare, hospitality, food products, education, manufacturing, technology, and transportation.

BeyondWork

Venture Round in 2000
BeyondWork, Inc. is a provider of outsourced Internet-delivered employee benefits focused on enhancing work/life balance. Based in Santa Clara, California, the company offers a comprehensive suite of services, including its GiftPass Rewards and Recognition Solution, which enables companies to deliver non-cash digital incentives and awards redeemable at various merchants. This solution is designed to help organizations budget, manage, and track incentive funds, allowing managers to effectively recognize and reward employees. Additionally, BeyondWork provides an online marketplace that grants employees access to discounts on a range of products and services from over 500 suppliers, enhancing their overall benefits package. By leveraging its platform, BeyondWork aims to attract, motivate, and retain employees, serving clients of all sizes, including Fortune 100 companies. The company utilizes both direct sales and strategic partnerships to reach its customers. BeyondWork was incorporated in 1999, highlighting its longstanding presence in the employee benefits sector.

Demandline.com

Series A in 2000
Demandline.com is dedicated to supporting small and growing companies by offering a platform that facilitates access to competitively priced business services. Recognizing that smaller firms often struggle with poor service and limited selection compared to larger corporations, Demandline.com employs a patent-pending process that conducts private reverse auctions. This innovative approach enables business owners, operations managers, and office managers to secure optimal value in both cost and quality from nationally-branded service providers. By empowering these smaller enterprises, Demandline.com aims to amplify their voices and improve their market position, acknowledging their significant contribution to the economy, as they represent over 90% of all U.S. companies and a substantial portion of overall revenues.

E*OFFERING

Venture Round in 2000
E*OFFERING is an internet investment banking firm that delivers investment banking products to online individual investors and institutional clients. The company uses the internet and related technologies such as electronic mail and multimedia to deliver investment banking products. It provides a range of investment banking services, including initial and follow-on public offering underwriting, private equity agency services, sales and trading, equity research, and financial advisory services. E*OFFERING is also developing a web content management applications and a corporate intranet website and architecture. It is based in San Francisco, California.

ShortCycles

Venture Round in 1999
ShortCycles is a business-to-business e-service for the dynamic exchange of information.

HotDispatch

Series A in 1999
HotDispatch has created a new online marketplace where web-deliverable services can be purchased and sold. We focus on the exchange of information online, as opposed to services transacted over the web but delivered off-line. This distinguishes us from services for online airline and hotel reservations, employment classifieds, auctions, etc. The company was born in a brainstorm in August, 1998 and incorporated in January, 1999 with early financing from Sun Microsystems, Mitchell Kapor, Omar Khudari, and Omar Blaik; and more recent financing from NEA and Accel Partners. The HotDispatch launch comes at the end of a successful pilot sponsored by Sun Microsytems and involving more than 1,500 invited participants.

eBenX

Venture Round in 1996
eBenX provide business-to-business e-commerce and connectivity solutions to employers and health plans for the purchase, eligibility administration and premium payment of group health insurance benefits. Through their proprietary and licensed technology, they facilitate the flow of eligibility and financial data between employers and health plans.

Parc Place

Venture Round in 1991
Parc Place offers object-oriented application development tools for the client-server market.
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