VCs pass $100M in iPhone funding
VentureBeat Jul 03 09Among companies developing solely for the iPhone, social network startups have drawn more VC investment money than games, according to startup investment tracker Chubby Brain’s latest set of charts. Listing 22 rounds of funding for 17 companies, Chubby accounted for over $100 million in investments, with a median level of $3.45 million. The most active investor is Kleiner Perkins Caufield and Byers, which has a $100 million iFund from which it has invested in at least five companies — Booyah, GOGII, iControl, ng:moco, and Pelago. The iFund accounted for the largest deals Chubby has tracked: iControl’s series B of $20 . Full story...
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