Mobile social networking service provider Booyah announced the completion of a $4.5 million Series A financing round led by Kleiner Perkins Caufield & Byers as part of the firm's iPhone-focused iFund. Founded by gaming industry veterans Keith Lee, Brian Morrisroe and Sam Christiansen, Booyah--scheduled to launch this spring--promises an experience combining social media, massive multi-player online games, and iPhone and iPod touch technology.
KPCB's iFund is a $100 million investment initiative created to fund ideas and products for the iPhone and iPod touch platform, with an emphasis on location-based services, social networking, m-commerce, communication, and entertainment. In addition to Booyah, other iFund investments include Pelago, ngmoco [1], iControl and GOGII. The iFund is managed by KPCB Partner Matt Murphy in collaboration with partners Chi-Hua Chien, John Doerr, Bing Gordon, Bill Joy, Randy Komisar, Ellen Pao and Ted Schlein.
For more on the Booyah investment:
- read this release [2]
Related article:
Venture firms cool on mobile app investment [3]
Links:
[1] http://www.fiercemobilecontent.com/story/iphone-games-publisher-ngmoco-scores-funding/2008-08-01
[2] http://www.fiercewireless.com/press-releases/booyah-raises-series-kleiner-perkins-caufield-byers-ifund
[3] http://www.fiercedeveloper.com/story/venture-firms-cool-mobile-application-investment/2009-03-16