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Venture Capital News: Skout Secures $22M

2012-04-03
SAN FRANCISCO, CA, Largest mobile network for meeting new people, announced that it has secured $22 Million in expansion capital from venture capital firm Andreessen Horowitz.
Skout, the largest mobile network for meeting new people, today announced that it has secured $22 Million in expansion capital from venture capital firm Andreessen Horowitz. The investment will fund Skout's growth as the premier global network for making connections and meeting new people anywhere, anytime.


Skout is the global network for meeting new people. With your mobile device as your guide, you can discover new friends at the bar or in Barcelona; then YOU decide if, when and how you want to connect. The Skout community thrives because we focus on fun and have zero tolerance for bad behavior. Life is short, you are busy and people are having fun without you right now. So start Skouting and find your party, anytime, anywhere.

About Andreessen Horowitz
Andreessen Horowitz is a venture capital firm that provides seed, venture and growth-stage funding to the best new technology companies. Founded by Marc Andreessen and Ben Horowitz, Andreessen Horowitz helps entrepreneurs become successful CEOs and build important and enduring companies. Its general partners are Marc Andreessen, Ben Horowitz, John O'Farrell, Scott Weiss, Jeff Jordan and Peter Levine, all widely recognized experts in the creation, scaling and operation of high growth technology companies. The firm has $2.7 billion under management across three funds. Among its 90 investments are Airbnb, Apptio, Box, Fab, Facebook, Foursquare, Groupon, Jawbone, Lytro, Pinterest, Silver Tail Systems, Twitter and Zynga. The firm was established in June 2009 and is located in Menlo Park, California. www.a16z.com
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