Andreessen Horowitz led a Series C funding round in Clubhouse.

Andreessen Horowitz led a Series C funding round in Clubhouse, a social media app, valuing the company at c. $4bn. The round was joined by DST Global, Tiger Global Management and Elad Gil. Financial terms were not disclosed. The funding will allow it to scale its team, which already quadrupled in size this year, and launch programs for creators to get paid.