Andreessen Horowitz Closes on $300 Million Venture Fund
Serial entrepreneur Marc Andreessen and his longtime investing partner Ben Horowitz have closed on a $300 million venture fund that aims to invest in mostly seed-stage deals, mostly in Silicon valley, and that will be focused on “anything based on computers,” Andreessen told peHUB. The eponymously named Andreessen Horowitz fund, whose only GPs are Andreessen and Horowitz, will not invest in “cleantech, energy, biotech, life sciences, nanotech, rocket ships, electric cars or space elevators,” said Andreessen. Instead, he and Horowitz will be seeking out the most interesting opportunities in “consumer Internet or what we call business Internet: software as a service and related things cloud computing.” Andreessen added that the pair
6 July 2009•3 mins read
