VC firm Andreessen Horowitz is in the early stages of raising a $900 million fund, according to Uncrunched. Here's the link: http://uncrunched.com/2011/10/26/andreessen-horowitz-raising-huge-new-900-million-fund-iii/. The posting indicates that the firm raised its first fund of $300 million in 2009, its second fund of $650 million in late 2010, and an annex fund of $300 million in mid-2011. This means the firm has raised an impressive $1.25 billion in under 3 years.
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