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Andreessen Horowitz raising $1.5 billion for new fund

Andreessen Horowitz is raising its fourth fund in six years.

FORTUNE -- Venture capital firm Andreessen Horowitz is in the process of raising around $1.5 billion for its fourth fund, Fortune has learned.

This would be very similar in structure to the $1.5 billion fund raised by Andreessen Horowitz in early 2012, which included a $900 million fund for early-stage investments and a $600 million "parallel fund" for larger opportunities. It is MOREImage may be NSFW.
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