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The iFund is a US$200 million capital fund. Developers may enter into equity deals for the creation of applications, services, and components for Apple's iPhone, iPod Touch and iPad platform. It is being offered and managed by venture capital company Kleiner Perkins Caufield & Byers (KPCB).[1]

The iFund was announced by KPCB partner John Doerr at the same time as the iPhone OS SDK, at Apple's iPhone Roadmap event on March 6, 2008 in Cupertino, California.[1][2] The iFund is managed by KPCB Partner Matt Murphy in collaboration with partners Chi-Hua Chien, John Doerr, Bill Joy, Randy Komisar, Ellen Pao, and Ted Schlein. Apple provides KPCB with market insight and support.[3] On March 31, 2010 KPCB announced the fund has been doubled.

On September 15, 2008, KPCB launched a blog to share perspectives on the iFund.

In December 2008 the confidential iFund application data was accidentally published on the web by Kleiner Perkins Caufield & Byers’ former hosting provider, Meteora Technologies Group, in a database dump file. The file was indexed by Google and coincidentally discovered by a fruux staffer. The file contained Applications from 588 companies including detailed information from each of these companies, like founder bios, financial ratios and business models.[4][5]

Portfolio companies

References

  1. ^ a b "Kleiner's iFund to invest in 'Apple entrepreneurs'". News.com. 2008-03-06. Retrieved 2008-03-09.
  2. ^ "Apple March 6 Event". Apple Inc. 2008-03-06. Retrieved 2008-03-09.
  3. ^ a b "iFund Initiative". Kleiner Perkins Caufield & Byers. Retrieved 2008-03-24.
  4. ^ "588 Kleiner Perkins iFund Applications Accidentally Published To Web". TechCrunch. Retrieved 2008-12-05.
  5. ^ "588 Kleiner Perkins iFund developers accidentally leaked to Web". ZDNet. Retrieved 2008-12-05.
  6. ^ Empson, Rip (2011-07-13). "Crittercism Raises $1.2 Million From Kleiner Perkins And Google Ventures For App Support". Techcrunch. {{cite news}}: Unknown parameter |Techcrunch= ignored (help)
  7. ^ Gannes, Liz (2011-07-12). "The Google Start-Up Network: Google Ventures Invests in AngelPad Companies". AllThingsD. {{cite news}}: Unknown parameter |AllThingsD= ignored (help)
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