Silicon Valley - Marc Andreessen and long-time business partner Ben Horowitz have raised $300 million in fresh capital to form a new venture capital company called “Andreessen Horowitz.” The focus of all investments will be “new” business model areas, including consumer internet, cloud computing and consumer electronics. The company will also invest in some B2B-plays, such as virtualization and cloud storage.

The first round of investments will be in the $50,000 to $100,000 range with the belief that a new wave of startups building with inexpensive web tools can get by with less than $500,000 in total funding over the lifetime, according to VentureBeat. Initially, Andreessen Horowitz seeks to team with other investors, including prolific Silicon Valley angel Ron Conwaytake, for a stake in between 60 and 80 early stage software companies, with a focus on the Silicon Valley area.

Next, they will invest ”several million dollars” into 12 to 15 more advanced companies. This is where the two will focus most of their time and effort, explains Marc Andreessen. The final phase will include investments up to $50 million into two or three “late-stage” deals.

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