• TechCrunch, Tuesday, April 6, 2010 2:30 PM

Two years ago, Apple and venture capital firm Kleiner Perkins Caufield & Byers partnered on a $100 million fund for mobile entrepreneurs. Since then, the suitably named iFund has raised another $330 million "from others," and created 14 ventures -- 3 of which remain "stealth" -- across various categories. Booyah, for one, purports to be creating "new forms of entertainment," like the popular social check-in platform MyTown.

Another, InMobi, is an independent mobile ad network, which claims to reach mobile users in 37 countries. The fund, however, is now out of money, and is "doubling down," and "increasing its size to $200 million dollars. Those curious about the future, according to Kleiner Perkins, need look no farther than the countless apps being created for the iPad.

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