Clubhouse raises Series C round led by Andreessen Horowitz

Clubhouse, an audio-based social networking app, has raised a Series C financing round led by venture capital firm Andreessen Horowitz. The round also saw participation from investors such as DST Global, Tiger Global and Elad Gil. The one-year-old startup did not disclose the scale of funding. Earlier, Bloomberg and The Information reported the funding could value Clubhouse at $4 billion.