RIM launches mobile VC fund
Posted on May 18, 2008 at 9:11 am.
Filed Under Business |
BlackBerry maker Research In Motion is working with three other companies to launch a $150 million venture capital fund that will invest in companies developing new applications and services for mobile devices. According to RIM the fund won’t be restricted to investing in BlackBerry-specific applications. It will also invest in start-ups as well as relatively mature software developers.
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