Kleiner Perkins Doubles iFund to $200M


Credit: f-l-e-x/Flickr
Credit: f-l-e-x/Flickr

To mark it two-year anniversary, the Apple-centered iFund doubled in size to $200 million. Highlighting the iFund’s addition of iPad investments, John Doerr, partner at Kleiner Perkins Caufield & Byers waxed poetically: The tablet device “feels like you’re touching the future.”

Seven iFunded game developers: ng:moco (makers of Flick Fishing, Castlecraft, NBA Hotshot, Charadium, We Rule, GoldFinger and WarpGate), Pinger (Star Smash and Doodle Buddy), GOGII and Shazam will be avaailable when the iPad launches April 3.

The iFund said it plans 20 iPad applications – more than half of which will be available Saturday.

Games appear to be the first segment to eagerly adopt the iPad. Reports suggest a number of iPhone games are being tailored to the tablet. More than a third of applications tested on the iPad appear to be games, one analysis found. Flurry Analytics reported last month that 44 percent of iPad apps it detected were games. Just 3 percent of iPad applications were eBooks, an area that sparked early debate.

[via Barron’s]