Andreessen Horowitz and Addition led a $155m Series E financing round in TripActions.

Andreessen Horowitz and Addition, the private equity firms, led a $155m Series E financing round in TripActions, a corporate travel management software provider. Angel investor Elad Gil and existing backers Zeev Ventures, Lightspeed and Greenoaks Capital also participated in a round. TripActions intends to use the new funds to invest in its product. The company highlighted recent feature releases, including software integrations, adding that it intends to keep working on its finance-focused Liquid product.