Kleiner Perkins Expands ‘iFund’ Venture Capital to $200 Million
Posted by sheep on Wednesday Mar 31, 2010 Under All, Apps|
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Venture capital firm Kleiner Perkins Caulfield and Byers on Wednesday announced that the company would be double its investment pool for software on Apple’s App Store to $200 million.
Per AppleInsider, the announcement centers around the iPad, as more than 20 iFund-supported applications are being written for the device, which is slated for a Saturday release in the United States. The firm stated that it believes the iPad “will lead the next wave of innovation in mobile computing.”