Andreessen Horowitz Closes Fund III at $1.5BN
Menlo Park, California-based venture capital firm Andreessen Horowitz has closed its Fund III at $1.5bn.
Available immediately, Fund III provides seed, venture and growth-stage funding to consumer and enterprise technology companies.
In addition to financial resources, Entrepreneurs also receive support by Andreessen Horowitz’s team, which is comprised of general partners Jeff Jordan, Peter Levine, John O’Farrell, Scott Weiss, co-founders Marc Andreessen and Ben Horowitz (http://bhorowitz.com/) and special advisor Larry Summers.
Established in June 2009, the firm has $2.7bn under management across three funds and has made 90 investments (including the ones in Airbnb, Apptio, Box, Fab, Facebook, Foursquare, Groupon, Jawbone, Lytro, Pinterest, Silver Tail Systems, Twitter and Zynga).