FILE: Andreessen Horowitz co-founder Ben Horowitz speaks onstage at a Wired summit on Nov. 8, 2019, in San Francisco.

Andreessen Horowitz, the famed Bay Area venture capital firm known as a16z and for funding a long list of eventual tech standouts, is getting richer. A whole lot richer.

Firm co-founder Ben Horowitz announced on Friday that it just finished fundraising $15 billion, a vast sum that signals faith in the tech industry, the venture ecosystem and the continued role of a16z as a steward of startups. The firm plans to distribute the cash — one of the largest-ever fundraising hauls for a VC fund, according to Forbes — through funds focused on various segments of the technology industry.

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Horowitz broke down the planned investment categories in his announcement: The firm plans to devote $6.75 billion to growth-stage startups, $1.7 billion to apps and infrastructure, $700 million to bio and health companies, a little over $1 billion to its American Dynamism........

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