iFund supports an iPhone video game maker
iFund, the investment fund created to support the birth of new companies operating in the field of development and diffusion of applications for iPhone and iPod touch, has found a new partner. It's about ng: moco, a start up that will deal with games.
leiner Perkins Caufield & Byers, the funders of iFund, evidently believe that the mobile entertainment dish is succulent and interested and the plans of ng: moco who wants both to create independent titles and to go on the market to collect games produced by others to make versions for mobile devices, interesting. Although ng: moco is just born, he has some good arrows in his bow, like Bing Gordon, an ex-ex-manager of Electronic Arts, a company for which he was involved in the creative sector and who therefore should have a good nose for what people like.
Recall that iFund, presented last March when the development kit for iPhone and iPod touch was introduced, has a budget of 100 million dollars. Currently very few companies have received funding. Apart from ng: moco, in the very short list there are only Pelago, which creates social networking applications that make use of rental services, and iControl, which deals with software for remote control of the home. All this in the face of a huge number of applications: well 1700 a few weeks before the launch of iPhone 3G and firmware 2.0.