Over $100 Million Invested In iPhone-Centric Companies
by Ian
July 1, 2009
When Apple first announced it would allow 3rd party apps on the iPhone at the debut of an official Software Development Kit there was another major announcement that day. The Venture Capitalist company Klener Perkins Caulfield & Byers also announced the $100 million iFund which would be used to help companies create quality and profitable iPhone apps.
We're nearing the one year mark of the App Store and according to an analysis by the Chubbybrain blog more than $100 million has already been invested in companies which focus on creating iPhone apps - only half of it coming from the iFund. Make sure to head on over to the site to look at some of the interesting charts they have. You should noticed some familiar names on the investment list below - Pinger made Takefree Unlimited, Ngmoco made Rolando and Star Defense and Smule made Leaf Trombone.