
Andreessen Horowitz LLC, the venture capital firm co-founded by Netscape’s founder Marc Andreessen and Ben Horowitz, has raised $650 million for a second fund to invest in startups. It is said that the company will look at the ever-innovative mobile industry for growth.
The VC is already known as an investor in companies like Skype, Qik and Foursquare and is apparently looking for similar startups (whatever that means).
Located in Menlo Park, California, the firm started out with a $300 million fund last year…
[Via: BusinessWeek]