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 Inc. '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] 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 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
^ a b Olsen, Stefanie (March 6, 2008). "Kleiner's iFund to invest in 'Apple entrepreneurs' . CNET . Retrieved May 26, 2018 . [permanent dead link ^ "Apple March 6 Event" . Apple Inc. March 6, 2008. Retrieved March 9, 2008 .^ "iFund Initiative" . Kleiner Perkins Caufield & Byers . Archived from the original on March 10, 2008. Retrieved March 24, 2008 .^ Arrington, Michael (December 3, 2008). "588 Kleiner Perkins iFund Applications Accidentally Published To Web" . TechCrunch . Retrieved May 26, 2018 . ^ "588 Kleiner Perkins iFund developers accidentally leaked to Web" . ZDNet . Archived from the original on December 6, 2008. Retrieved December 5, 2008 .^ Empson, Rip (July 13, 2011). "Crittercism Raises $1.2 Million From Kleiner Perkins And Google Ventures For App Support" . TechCrunch . Retrieved July 13, 2011 . ^ Gannes, Liz (July 12, 2011). "The Google Start-Up Network: Google Ventures Invests in AngelPad Companies" . AllThingsDigital=2011-07-12.
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