Menlo Park, CA-based venture capital firm Andreessen Horowitz has created a $200m co-investment fund targeted at growth-stage investments.
As explained by General Partner John O’Farrell in a post, this new vehicle will be invested – alongside the firm’s Fund II – in companies that part of its main funds.
In addition to raising new funds, the firm recently added new partners Scott Weiss and Peter Levine.
Founded in June 2009 by Marc Andreessen and Ben Horowitz, Andreessen Horowitz is a stage-agnostic venture capital firm that provides seed, venture and growth-stage funding to new technology companies. The firm currently has $1.2bn under management across two funds. Its investments include Facebook, Foursquare, Groupon, Skype, Twitter, and Zynga.