iFund invests $4.5 million in Booyah

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, 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

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