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Venture capital firm Kleiner Perkins Caulfield and Byers on Wednesday announced that the company would be double its investment pool for software on Apple's App Store to $200 million.
Per AppleInsider, the announcement centers around the iPad, as more than 20 iFund-supported applications are being written for the device, which is slated for a Saturday release in the United States. The firm stated that it believes the iPad "will lead the next wave of innovation in mobile computing."
Those of you interested in developing apps of your own may find this interesting. Bing Gordon, frontman for the $100M iFund investment initiative from KPCB, started a blog a while back to share his thoughts and ideas surrounding the iFund and app development. Earlier today he wrote another post with advice to people looking to get into the developing game.
It was long suspected that the iPhone's App Store would become a game changing platform that would be profitable for those who managed to hop on board with it's success, something investment firm Kleiner Perkins Caufield & Byers did when they created their $100 million dollar iFund fund for investment specifically in that industry. Today, in an attempt to "share (and hear) perspectives around the iPhone and emerging open mobile ecosystem", they have launched their own blog.