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GADGETS AND GAMES DIRECTORY :: > Business Register Weblog > Business Tech Weblogs - WEEKLYBITS.COM GADGETS AND GAMES DIRECTORY
Silicon Alley Insider
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Weblog covering digital business
Digital Business, Live From New YorkVisit Alley Insider
Address URLhttp://www.alleyinsider.com/    Registered: 22-Mar-2008
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Send to email		Visit Kleiner Perkins' iFund Pumps Money Into iPhone Game Company Ngmoco Kleiner Perkins' iFund Pumps Money Into iPhone Game Company Ngmoco in ERTSAAPL
By Silicon
el 31-Jul-2008

NeilYoung.jpgNgmoco, the iPhone game company started by former Electronic Arts (ERTS) exec Neil Young, has raised a round of funding from Kleiner Perkins via its iFund, the $100 million pile of money reserved for companies developing iPhone apps.

Kleiner Perkins partner and another former EA exec Bing Gordon joined the ngmoco board. The amount of the funding was not disclosed, but Maples Investments also joined the round.

We expect to hear about a lot more iPhone game developers raising money: 12 of the top 20 paid iPhone and iPod touch apps are games, as are 8 of the top 20 free apps.

See Also:
What Google Can Learn From The iPhone Apps Launch: More Games For Android
iPhone App Advertising: Barely There, But Interesting (AAPL)
What Can We Learn About The iPhone App Ecosystem From The Facebook App Ecosystem?



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