VC Firm Ups Fund For iPad Developers

Kleiner Perkins Caufield & Byyers (KPCB) has announced its doubling its iFund to $200 million of venture capital for Apple’s iPhone OS family of products, including iPhone, iPod touch, and iPad.

KPCB said iFund-supported companies have more than 20 applications in development for the upcoming iPad, with 11 available at launch on April 3.

“Kleiner Perkins has done a terrific job at finding, funding and supporting great iPhone app developers,” said Steve Jobs, Apple’s CEO.

“We are thrilled that they are doubling the size of their fund, along with expanding it to now include iPad developers too.”

The 11 applications available this week from iFund companies include seven games from ngmoco including We Rule, GodFinger and WarpGate, as well as Doodle Buddy and Star Smash from Pinger, textPlus from GOGII, and Shazam from Shazam Entertainment.

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Categorized as iPad Tagged

By Mike Sachoff

Mike is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.

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