Kleiner Perkins Caufield & Byers is the venture capital firm behind the original “iFund,” which helped to fund development and publishing of numerous iPhone apps when Apple first announced plans to start the App Store. The company hosted a press briefing on Wednesday where they revealed plans to double the size of the iFund from $100 million to $200 million, with iPad the focus this time around. The briefing has included execs from Apple, Ngmoco, Shazam and others.
Live: Kleiner Perkins’ Doubles Down The iFund To $200 Million For the iPad [TechCrunch]