Kleiner’s iBet: Will iPhone software Be a Multi-Billion-buck Market?

Kleiner Perkins’ monumental $100 million iFund for iPhone instrument development may just spark a device gold rush no longer viewed since the heyday of laptop-platform building in the Nineteen Nineties, analysts say. Silicon Valley VC powerhouse Kleiner Perkins Caufield & Byers’ surprise pledge Thursday to again iPhone applications builders with an important funding fund might do as a lot or extra to cement Apple’s leadership function in the burgeoning market for mobile gadgets as the tech darling’s personal bulletins t

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