Andreessen Horowitz launches generalist $2 billion late-stage fund and $750 million early-stage fund focused on consumer, enterprise and fintech investments.
Andreessen Horowitz partner Marc Andreessen speaks during the Fortune Global Forum on November 3, 2015 in San Francisco, California.Silicon Valley venture capital firm Andreessen Horowitz announced Wednesday it raised $2 billion for its first late-stage venture fund.
The firm's newest general partner David George will run the fund, which will specialize in providing funding for companies in Series C to Series G range. The firm also announced Fund VI, a $750 million early-stage fund for enterprise, consumer and fintech investments.Andreessen Horowitz, one of Silicon Valley's most high-profile venture capital firms, is shaking things up ahead of its 10th birthday.
Wednesday the firm announced it raised $2 billion for its first foray into late-stage investing. Managing Director Scott Kupor wrote in a blog post the fund will be run by new general partner David George and will invest in companies from Series C to Series G stages across a range of industries.
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