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RIM Announces New Fund to Invest in Blackberry Platform

Posted on May 13, 2008

There s no question the current and next generation of mobile phones, products like the iPhone and RIM s (RIMM) newly minted Blackberry Bold,have grand ambitions to advance and change their industry. There salso no question cottage industries are popping up to thrive on theircoattails. Where there is developing industry, there are investors. In March, with Apple s (AAPL) support, venture firm Kleiner Perkins Caufield and Byers [KPCB] pledged a sum of $100m for an investment initiative focus on forward thinking iPhone related software and services. Now, Research in Motion is fol...

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Tags:
blackberry , mobile , rim , software
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