Paul Poutanen

March 7, 2008

$100 Million iFund for iPhone Application Developers

Filed under: mobile developers, new technology, technology trends — admin @ 11:14 am

Holy cow!

Apple is teaming with Kleiner Perkins Caufield & Byers to launch a $100 Million iFund for iphone and ipod touch applications.

“A revolutionary new platform is a rare and prized opportunity for entrepreneurs, and that’s exactly what Apple has created with iPhone and iPod touch,” said John Doerr, partner at Kleiner Perkins Caufield & Byers. “We think several significant new companies will emerge as this new platform evolves, and the iFund will empower them to realize their full potential.”

This is gonna attract some attention! 

http://www.smartbrief.com/news/ctia/industryPR-detail.jsp?id=EE6C0006-50B9-48B7-A912-0BD13817EAC4

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