Remember the $100 million iFund to help iPhone developer startups? Well, forget it, that’s over. It is now a $200 iFund.
The original $100 million iFund invested in 14 companies. Two of these 14 are near household names for the iPhone crowd: Game maker ng:moco and music discovery app maker Shazam.
The larger investment fund adds iPad projects to the original iPhone/iPod touch mix. Although I’ve only experienced the iPad vicariously so far, I am convinced it is more than just a “big iPod touch.” The iPad’s graphical user interface (GUI) is significantly different from the iPhone’s from what I’ve seen so far. I hope KPCB is able to fund some really innovative firms over the next couple of months. The iPad looks like what the old Microsoft Handheld PC could have grown up to become if Microsoft had not handicapped their Windows CE teams so much.