The iFund™ is a US$200 million investment initiative created by KPCB to back entrepreneurs and build companies that focus on developing compelling applications, services and components for revolutionary mobile Internet devices, such as Apple’s iPhone, iPod Touch and iPad.
Established in 2008 in partnership with Apple, our iFund invests in mobile Internet innovators with high-impact ideas and the vision to create intriguing, market-changing applications and services. Through the iFund, we pursue investment opportunities across a variety of application areas, including games, entertainment, communications, location-based services, social networking, advertising, commerce, healthcare and education. To deliver on the global promise of mobile applications and services, Apple provides market insight and support to KPCB and iFund companies developing on its iOS platform.
KPCB’s Matt Murphy manages the iFund in collaboration with all other KPCB partners on the Digital team.