$150 Million BlackBerry Partners Fund Spreads The Wealth
Nick | Oct 29, 2008 | Comments 0
The BlackBerry Partners Fund, a $150 million VC fund co-managed by JLA Ventures and RBC Venture Partners, has announced its first three investments:
The first is for buzzd, a geo-aware social network that also doubles as a location information guide. BlackBerry Partners Fund participated in a $3.2 million Series A Round, along with Greycroft Partners, Qualcomm Ventures, and Monitor Ventures.
The second is for Digby, a mobile ecommerce company, that closed a $5.5 million Series B round with BBPF and existing investors.
The third is for WorldMate, a company that produces software for travelers, offering tools for trip management and information lookup. The company closed an $8 million Series C round with BBPF, AMC Communications, and Motorola Ventures.
The race is on for mobile platform supremacy, and venture capitalists are eager to get in on the action. The BlackBerry Partners Fund faces off with the the Kleiner Perkins $100 million iFund, which sets aside money exclusively for iPhone developers. Google has also initiated its own funding competition with the $10 Million Android Challenge last year.
Original article: $150 Million BlackBerry Partners Fund Spreads The Wealth From techcrunch
|Filed Under: Technology News
WebbAlert Is No More
Dell Q2 Earnings Preview: Dealing With The Downturn? (DELL)
iPhone Set To Launch In China? (AAPL)
Sharp and Mitsubishi to out new HDTVs in Japan
Laptop Battery Power Tips
Palm Pre News: Walmart and Best Buy are both ready
Twitter And FriendFeed Battle For Downtime. Scoble’s Head Explodes
Bebo runaway girl, 14, found 'safe and well' with man she met on social networking website
Chrome for OS X coming this Fall, according to Google devs
Wild Times in the Credit Markets
How to Speed Up Your Computer
Twitter Acquires Mixer Labs To Step Up Geo-Location
Xbox 360 Owners Buy More Games Than Wii, PS3 Fans
Japanese university giving free iPhones to students - to keep them from cutting class
Oprah’s First Tweet Will Be Tomorrow On Her Show. Soccer Moms To Take Over The Service?
Review and Giveaway: HP MediaSmart 1TB Server
Metal Gear Solid Touch for the iPhone/iPod Touch now available