Andreessen Horowitz raises $200M bio fund

Andreessen Horowitz raised a $200 million fund that will invest in software companies that address the life sciences sector. General Partner Vijay Pande will manage the fund.

Andreessen Horowitz has made at least one investment from the fund. It led a $3.4 million seed financing for twoXAR Inc. (Palo Alto, Calif.), which uses a computational platform to speed drug discovery and find unanticipated matches between drugs and diseases. ...