WiFi Finder
Locate wireless services by a specific address, city, state, country, airport, or zip code.
$100 Million iFund Launched for iPhone Developers
Jim Dalrymple, Macworld
It was a good day for aspiring iPhone developers. In addition to getting their first look at the iPhone SDK, developers were also told about the launch of a US$100 Million iFund to invest in companies developing applications and services for the iPhone and iPod touch.
The venture capital iFund is being provided by Kleiner Perkins Caufield & Byers (KPCB). The money will be invested in companies with market-changing ideas and products that extend the iPhone and iPod touch platform, according to the company.
Apple said it will provide KPCB with market insight and support.
"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."
iFund Focus
The iFund will focus on areas including location based services, social networking, mCommerce, communication, and entertainment.
In addition to the money, KPCB will also assist with company building expertise, business development relationships and access to its network of entrepreneurs.
"Developers are already bursting with ideas for the iPhone and iPod touch, and now they have the chance to turn those ideas into great companies with the help of world-class venture capitalists," said Steve Jobs, Apple's CEO. "We can't wait to start working with Kleiner Perkins and the companies they fund through this new initiative."
For more Macintosh computing news, visit Macworld. Story copyright © 2007 Mac Publishing LLC. All rights reserved.
With HP wireless printers, you could have printed this from any room in the house. Live wirelessly. Print wirelessly.
VoIP Web Demo
PCW Download Guide
Tags at a Glance
Related Tech Industry Articles
- At 10-Year Mark, Google's Glossy Facade Shows Cracks Now that Google has reached its 10-year-mark, the company is facing cultural complexities and challenges.
- Less SOA QQ and More SOA Pew Pew Roughly translated: "Stop whining and get off your keister and do something!"
- What Servers and Your Clothes Dryer Have in Common Running server technology at 208V is a step toward energy efficiency and increased ROI.
- Vendors Scramble to Rein in Virtual Environments As Microsoft, VMware and others evolve their virtualization technologies, third-party vendors work to provide complementary management and automation capabilities.
- Xcelsius: How to Ruin a Great Application A really, really, really cool application gets sidelined in a swirl and flurry of filthy lucre.
-
CDW Virtualization Center What is Virtualization and how can it help you save money? Click here to find out.
-
Asus Laptop Showcase Ultra-fashionable thin and light notebooks with SmartLogon Face Recognition. Find out more...
-
HP Ink Center Bring improved color and brilliance to your printed material. Visit the Resource Center for more info...
PC World's Marketplace
PC World's Free Whitepapers
"$100 Million iFund Launched for iPhone Developers" Comments