A16z is now managing $16.5 billion, after announcing two new funds

Found 13 days ago at TechCrunch

Andreessen Horowitz a16z has closed a pair of funds totaling $4.5 billion, the firm confirmed in a blog post this morning. The firm has raised $1.3 billion for an early stage fund focused on consumer, enterprise, and fintech; and closed a $3.2 billion growth stage fund for later stage investments. The firm did not immediately respond to request for comment. The funds may seem somewhat typical,...

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