13th May, 2008

The iFund Has Competition: $150 Million Blackberry Fund To Be Announced Soon

TECHCRUNCH
ERICK SCHONFELD
12 MAY 08

blackberry-9000-2.png

The platform wars are going mobile. Whether it’s the iPhone, Blackberry, Android or Windows Mobile, the mobile platform that will win in the end will be the one with the best and broadest collection of applications. To give developers a little extra financial motivation, funds are being set up to invest in them. Google announced a $10 million Android challenge back in November, and Kleiner Perkins announced its $100 million iFund for iPhone-only startups in March. Now, it looks like Research in Motion is about to announce its own $150 million Blackberry Partners Fund (site not up yet) to spur applications and services for its mobile device.

At least, that is what VentureBeat reports in an item that appeared in its feed, but has since been pulled from the site (see headline here. Update: the first link above is now live). According to that post (excerpt):

VIEW ORIGINAL ARTICLE

Leave a response

Your response:

Categories