$150 Million BlackBerry Partners Fund Spreads The Wealth
October 29, 2008 at 01:07 AM EDT
The BlackBerry Partners Fund , a $150 million VC fund co-managed by JLA Ventures and RBC Venture Partners, has announced its first three investments: The first is for buzzd , a geo-aware social network that also doubles as a location information guide. BlackBerry Partners Fund participated in a $3.2 million Series A Round, along with Greycroft Partners, Qualcomm Ventures, and Monitor Ventures. The second is for Digby , a mobile ecommerce company, that closed a $5.5 million Series B round with BBPF and existing investors. The third is for WorldMate , a company that produces software for travelers, offering tools for trip management and information lookup. The company closed an $8 million Series C round with BBPF, AMC Communications, and Motorola Ventures.