Working At Home on an iPad/IPhone app? Good news!

If you have an insanely great app you’re developing for the ipad or the iPhone, venture capital may be available to fund your efforts.

Venture capital firm Kleiner Perkins Caufield & Byers (KPCB)   announced it’s increasing the size of its “iFund” to $200 million. They’ve already commited all $100 million from the fund estabished two years ago.

Fourteen companies, including ngmoco and Shazam, with 20 apps under development, convinced the venture capitalists they were going somewhere special, and even attracted an additional $330 million from other sources. It takes an esxtraordinary team, a strong market and decent product (in that order) to convince VCs to invest, but it can be done. See FindingMoneyAdvice.com for more information, if you think you might be a candidate.

“Kleiner Perkins has done a terrific job at finding, funding and supporting great iPhone app developers,” said Steve Jobs, Apple’s CEO. “We are thrilled that they are doubling the size of their fund, along with expanding it to now include iPad developers too,” according to KPCB.

According to the KPCB announcement, the companies have had over 100 million of their mobile applications downloaded and, in 2010 alone, generated over $100 million in revenue
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