Andreessen Horowitz Raises $650M Fund, Just Shy Of $1B Under Management

Just 15 months after Marc Andreessen and Ben Horowitz officially jumped to the venture capital darkside with the close of a $300 million fund, Andreessen Horowitz is announcing the close of a second $650 million fund. In less than two years, the firm has rocketed up to a whopping $950 million under management, an investment staff of 18 people and a portfolio that includes everything from Skype to Zynga to Foursquare. What's more? This fund closed in three weeks time. "It was a busy�three weeks," Andreessen offers to those VCs struggling to raise money. (I have a feeling some haters are gonna hate for that quip, Marc...)

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