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Andreessen-Backed Startup That Rejected $150M Sale to Microsoft Shuts Down

Summary by Ground News
D2iQ, formerly known as Mesosphere, is shutting down. It is the latest in a string of firms to evaporate this year after raising significant venture capital. The company had about 150 employees earlier this year, a former employee said. At one point, it was generating tens of millions of dollars in revenue annually.

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Andreessen-Backed Startup That Rejected $150M Sale to Microsoft Shuts Down

Andreessen Horowitz-backed D2iQ, a cloud infrastructure startup formerly known as Mesosphere once popular with software developers, is shutting down. It is the latest in a string of firms to evaporate this year after raising significant venture capital. D2iQ on Thursday sent notices to ...

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The Information broke the news in on Friday, December 8, 2023.
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