BlackBerry Partners Fund Announcements!

Partners Fund Investments!
By Kevin Michaluk on 29 Oct 2008 02:02 am EDT
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Our pals over at the BlackBerry Partners Fund (thanks again guys for co-sponsoring our What Would You Do For a BlackBerry Storm? Contest) today announced three investments from their $150 Million fund....

"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," said John Albright, Co-Managing Partner of the BlackBerry Partners Fund. "Today, we are announcing investments in companies that are leaders in the mobile application marketplace." 

And the lucky recipients are...

  • buzzd, a location-sensitive city guide and social network for mobile devices, has raised $3.2 million in a Series A Preferred Stock financing with BlackBerry Partners Fund, Greycroft Partners, Monitor Ventures and Qualcomm Ventures.
  • Digby, a leading mobile commerce service provider, has raised $5.5 million Series B Preferred Stock with the BlackBerry Partners Fund and existing shareholders.
  • WorldMate, a company that has paved the way for mobile travel innovation and serves over one million frequent flyers and road warriors around the world, has raised $8 million in a Series C Preferred Stock financing with BlackBerry Partners Fund, Motorola Ventures and AMC Communications.
You can click the image above for the full press release. Congrats guys! Now put that money to good use. CrackBerry Nation expects BIG things from you!

Topics: News & Rumors

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BlackBerry Partners Fund Announcements!

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