Major venture capital firm Andreessen Horowitz will be promoting a former employee of digital asset infrastructure provider BitGo to assist in running its $2.2 billion crypto fund.
According to Andreessen Horowitz general partner Katie Haun, Arianna Simpson will be joining partners Chris Dixon, Ali Yahya, and Haun for the launch of the firm’s $2.2 billion venture fund, Crypto Fund III. Simpson has been a general partner at the company for more than a year, and will be promoted to the position of deal partner to assist the fund aimed at financing cryptocurrency networks and teams contributing to the decentralized economy.
Haun, who reportedly first connected with Simpson through a direct message on Twitter, cited the former BitGo employee’s ability to articulate crypto ideas “in a digestible way” as well as her commitment to the values of the ecosystem as positives in her contribution to the fund. Simpson has been a part of Andreessen Horowitz as the firm led several high-profile raises