AppFund to Fuel Development of Apple iPad Applications

Authored by Mark Hefflinger on February 4, 2010 - 8:51am.

New York - CNET and E! Online co-founder Kevin Wendle and MusicNation fo-founder Daniel Klaus have teamed to form AppFund, a new investment firm that will provide funding and expertise to developers working on applications for Apple's new iPad.

New York-based AppFund's investments will range from $5,000 to $500,000, "depending on the complexity of each application and its potential to tap into the mobile end user market."

The firm said it is now accepting proposals to be part of the launch of the first iPad applications by the summer of 2010.

Related Links:
http://snipurl.com/u9uz3

http://snipurl.com/u9uyg (TechCrunch)

http://appfund.com