The $100M iFund Is Now One Third Smaller (AAPL)
Are you an iPhone developer hoping to get a piece of the $100 million iFund? You better hurry up. The Kleiner Perkins-backed cash hoard earmarked for coders working on Apple's mobile platform, is about a third gone.
Matt Murphy, the manager of the iFund, said in a blog post that more than $30 million has gone out to five different app developers over the last 6 months: Pelago, iControl (coming Q1 09), ng:moco (first game coming this month), GOGII (coming Q4 08), and an unannounced company (coming Q1 09). Matt said they've received 2,700 pitches from developers in those 6 months.
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