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The BlackBerry Partners Fund (BPF) is a $150 million venture capital fund formed with one goal in mind: to focus on applications and services for the BlackBerry and other mobile platforms. The fund announced yesterday that it has made investments in buzzd, Digby and WorldMate. Congrats to all involved… No doubt it is a huge feather in the caps of buzzd, Digby and WorldMate. They must be over the moon at this point.
John Albright, Co-Managing Partner of the BlackBerry Partners Fund noted:
“Since its inception this past May, the BlackBerry Partners Fund has had the opportunity to review thousands of business plans from companies focused on developing the next generation of business and consumer applications for BlackBerry and other smartphone platforms…”
buzzd is a location-sensitive city guide and social networking tool for mobile devices. They’ve raised $3.2 million in a Series A Preferred Stock financing with the BPF, Greycroft Partners, Monitor Ventures and Qualcomm Ventures.
Digby is a mobile commerce solution provider has raised $5.5 million Series B Preferred Stock with the BPF and existing shareholders.
WorldMate has some really killer apps that revolutionized mobile travel… they serve over one million frequent fliers and business travelers all around the world. They’ve raised $8 million in a Series C Preferred Stock financing with BPF, Motorola Ventures and AMC Communications.
[Via: SlashPhone]
About The Author
James Falconer
James was born and raised in Winnipeg, Canada. Almost 15 years ago he started out in the 'real world' as a web and graphic designer. Through the years he has finely tuned his skills in SEO, internet marketing, conversion strategy, and project management. To date, he runs his own successful consulting business where he advises companies all over the globe. A co-founder of www.crackberry.com, and sole proprietor of www.mactropolis.com, James in recent years has become very active in the tech blogosphere. Online community building and strategy is fast becoming one of his passions. Watch for James' no frills attitude, unique perspective and to-the-point comments here on IntoMobile!
