Andreessen Horowitz, a Menlo Park-based venture capital firm, is on the verge of completing a significant fundraising effort, with reports indicating the firm is nearing a target of $6.5B to $7B. This fundraise is aimed at supporting growth and sector-focused funds, including a substantial allocation towards its fourth growth fund and a dedicated portion for its gaming fund. The fundraising round, expected to close in early April, plans to allocate 50% of the raised funds to its fourth growth fund and 10% to its gaming fund.