A top Silicon Valley VC firm is investing 0M in health software startups

View gallery.(Michael Kovac/Getty Images for Vanity Fair) Marc Andreessen Venture capitalist Marc Andreessen wrote in 2011 that “software is eating the world.” Now, his firm Andreessen Horowitz wants software to heal the world. The Silicon Valley venture capital firm announced Wednesday it plans to invest $200 million in software companies involved in biology and healthcare. The firm also announced Vijay Pande as its newest general partner. “What used to be impossible, now is cheap,” Pande told Business Insider, referring to the Moore’s law of doubling of computing power and other resources. “What’s left to do? Build software companies together to transform healthcare and transform the world.” Computer-driven medicine Specifically, the firm plans to invest in three areas: digital therapeutics, cloud biology, and computational medicine. Pande stressed that investing in software-based biotech was…


Link to Full Article: A top Silicon Valley VC firm is investing 0M in health software startups