Venture capital firm Andreessen Horowitz successfully closed the $1.5 billion in new funding it had been seeking, bringing the total funding under its management to $2.7 billion.

The impressively large figure consists of a $900 million main fund and a $600 million parallel fund, which will perpetuate Andreessen Horowitz’ focus on consumer and enterprise technology businesses.

Firm principle Ben Horowitz told TechCrunch it took only about three weeks to raise the funding, and another six weeks to complete the formalities.

The Menlo Park, Calif.-based firm has invested in companies in all stages, from seed on up, including Airbnb,, Fab, Facebook,, Foursquare, Pinterest, Skype, Twitter and Zynga.

Related links:

Andreessen Horowitz –

Ben Horowitz’ blog post –

TechCrunch – Ben Horowitz: “It Took About 3 Weeks” To Raise Our $1.5 Billion Fund

Mercury News – Andreessen Horowitz raises $1.5 billion venture fund, one of industry’s largest in years

NY Times’ DealBook – Andreessen More Than Doubles His Firm’s Assets

Forbes – Andreessen Horowitz Closes $1.5 Billion Third Fund

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