Andreessen Horowitz announced Wednesday the formation of a $200-million investment fund, pushing the firm to a total of $1.2 billion in investments overseen.
A16zlogo The Menlo Park, Calif., venture capital firm will use the new fund to invest in "growth-stage" companies that are past an initial "seed round" funding level or a secondary "venture round" funding stage, John O'Farrell, a general partner at Andreessen Horowitz, wrote in a blog post.
"These companies have a substantial need for capital -- they're hiring aggressively, expanding internationally, making acquisitions, investing in facilities, pouring money into marketing -- all to double down on their success and win the entire market," O'Farrell said of the types of companies the fund will target.
To read the full, original article click on this link: Andreessen Horowitz creates $200-million 'growth-stage' investment fund | Technology | Los Angeles Times
