The firm will continue to own 4.57 million shares, Reuters reported.
Andreessen Horowitz co-founder Marc Andreessen is a director at Facebook. He founded the Silicon Valley-based VC firm alongside former Opsware CEO Ben Horowitz in 2009. The Silicon Valley-based VC firm has $2.7bn under management.
The firm recently hired former chief operating officer of Cisco’s WebEx unit Arthur Johnson as an operating partner.
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