RIM, RBC & Thomson Reuters to Create Fund to Invest in Mobile Apps & Services

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RIM, RBC & Thomson Reuters to Create Fund to Invest in Mobile Apps & Services

May 12, 2008 5:40 AM | Blackberry | Comments (0)

Research In Motion, RBC and Thomson Reuters, today announced plans to launch the BlackBerry Partners Fund, a US$150 million venture capital fund, to invest in mobile applications and services for the BlackBerry platform and other mobile platforms. The Fund is to be co-managed by JLA Ventures and RBC Venture Partners.

Agnostic to both stage and balance sheet, the BlackBerry Partners Fund will not restrict the development of mobile applications and services to any single mobile platform or any specific industry segment. The Fund will be designed to advance the industry by fostering development and driving the entrepreneurial spirit to create the most innovative mobile offerings for customers.
The Fund will consider all stages of development and is to be co-managed by JLA Ventures and RBC Venture Partners. To sign up to receive further information visit: www.blackberrypartnersfund.com.
BlackBerry Partners Fund

RIM, RBC & Thomson Reuters to Create Fund to Invest in Mobile Apps & Services

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