Kleiner Perkins Caufield & Byers doubles iFund to $200 million
Kleiner Perkins Caufield & Byers (KPCB) has announced the doubling of its iFund to US$200 million of venture capital for applications for Apple’s iPhone OS family of products, including iPhone, iPod touch, and iPad.
Established in 2008 as a $100 million investment pool, the original iFund is now fully committed across 14 companies. iFund companies have been supported by an additional $330 million from follow-on investors.