$100 Million iFund for iPhone Application Developers
Leading Venture Capital Firm Starts Large Fund
Kleiner Perkins Caufield & Byers has launched a $100 million venture capital fund called iFund, which will invest in companies developing applications and services for Apple’s iPhone and iPod touch. KPCB partner Matt Murphy will lead the iFund effort, and be joined by partners John Doerr, Bill Joy, Randy Komisar, Ted Schlein and Chi-Hua Chien