Andreessen Horowitz Raises $9 Billion for Investments in Startups
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Andreessen Horowitz raised $9 billion to invest in a wide range of startups, completing one of the largest fundraising campaigns in venture capital.
The money is parked in three new funds, the firm said Friday. More than half sits in a growth fund targeting more mature startups. The rest is distributed between a general venture fund and one specializing in biotech and health.