Kleiner Puts $100 Million Into iPad App Developers

Fri, Apr 2, 2010

iPad, Mobile

Venture capital firm Kleiner Perkins Caulfield & Byers is putting $100 million in funding towards developers that are developing applications for Apple’s iPad. The firm already spent an additional $100 million on funding for companies developing for the iPhone.

As reported by Inside Social Games, this “iFund” has already seen money given to multiple big name developers, including (but not limited to) Booyah, Ngmoco, and Zynga.

For Zynga, a company spokesperson hasn’t such much about the company’s plans for the iPad other than stating that “gaming will be one of the biggest applications on the iPad and we will have our popular games available on the device soon.”

However, more details are known about games coming from the Ngmoco camp, which plans to release the following games on the iPad: Flick Fishing, Castlecraft, NBA Hotshot, Charadium, We Rule, GodFinger and WarpGate.

We Rule seems to be where the most potential lies for Ngmoco, as the game’s iPhone iteration is number 7 on Apple’s “Top Grossing” app chart. What makes that particularly interesting is the fact that We Rule is free to download and play, meaning that those profits are coming from the sale of virtual goods.

With these games and many more already being known to be available for the iPad when it launches tomorrow, it doesn’t look like there will be a shortage of games for users to try out.

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Related posts:

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  3. iPhone Developers Cautiously Optimistic About iPad
  4. iPad and Other Tablets to Sell 4 Million in 2010, 57 Million by 2015
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Brandy is the Social Editor at Frisky Mongoose, focusing on the social side of the gaming world.

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