TITLE

KPCB Dials In $100M iFund for iPhone Apps

AUTHOR(S)
Martin, Scott
PUB. DATE
March 2008
SOURCE
Red Herring;3/6/2008, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reveals the plan of venture capital firm Kleiner Perkins Caufield & Byers (KPCB) to put up $100 million to seed development of applications for Apple's iPhone. iFund, the new fund, plans to invest in companies that want to develop new software applications for the iPhone and iTouch. KPCB partner John Doerr believes that significant new firms will emerge as this new platform evolves and the iFund will help them to realize or maximize their potential.
ACCESSION #
36876086

 

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