Saturday, February 19, 2011

Exclusive: Andreessen Horowitz Invests $80 Million in Twitter

Andreessen Horowitz has invested more than $80 million in Twitter via purchasing stock in secondary markets.

When called about it by BoomTown, a spokeswoman at the high-profile Silicon Valley venture firm confirmed the purchase.

The move is an interesting one, since Andreessen Horowitz was not part of the recent $200 million round on venture funding at the San Francisco microblogging company, led by Kleiner Perkins and which valued it at $3.75 billion.

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