Andreessen Horowitz Archive

Online VC FundersClub launches Network Search to better connect its 17,000 members

Network effects in venture capital are no joke. Sure, people want to close rounds with brand name funds like Sequoia and Andreessen Horowitz because they validate startups. But perhaps more importantly, companies become more likely to succeed after closing high profile rounds because of their newfound access to the friends and connections of prominent investors. Alex Mittal, CEO of FundersClub, has spent a lot of …

Google Docs for life sciences startup Benchling raises $7 million in growth funding from Thrive Capital

Benchling, a biotech company out of Y Combinator providing cloud-based software for researchers, tells TechCrunch it has raised $7 million in growth funding to continue creating tools to help the science community access research from big pharma and other leaders in the space. You might think of Benchling as the Google Docs portion of the life sciences industry. While IT solutions software isn’t the sexiest …

Optimization startup SigOpt raises $6.6M

SigOpt, a company aiming to “optimize everything,” announced today that it has raised $6.6 million in Series A funding. When startups talk about optimization, they often mean trying out a few different variations and then choosing the ones that get the best results. With SigOpt, it’s more of a continual process, where the technology can look at your results and recommend what to test next. For example, …