TechTechCrunch48m ago
a16z brings growth fund to $8.5B days
a16z brings growth fund to $8.5B days after launching new $1.1B fund
TL;DRa16z raised $8.5B for growth investing after launching a $1.1B fund.
Why it matters: Massive capital deployment signals strong LP confidence and intensifies competition for late-stage deals.
Andreessen Horowitz held out its hand and returned with billions more in new funds to invest in startups.
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