Funding for iPhone application develpment

If you have a good idea for an iphone application and a way to get it developed you might be intersted in contacting venture capital firm Kleiner Perkins Caufield & Buyers. They have created a $100 million fund to finance development companies creating applications for the iphone platform. They call it iFund and really interested in Social Networking apps, mobile commerce apps and entertainment apps. If the project is right they will make $100,000 of seed capital to $15 million for expansion capital.

This should really attract some high end developers to create some really hot apps. If you are looking for more info on these funds shoot them an email at ifund@kpcb.com