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A16Z-Backed Startup That Once 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 shareholders that it was being wound down and would distribute assets to creditors. The company had about 150 employees earlier this year, a former employee said, and at one point was generating tens of millions of dollars in revenue annually.

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