01.08.2008 22:51 Uhr, Quelle: 9to5Mac

iFund invests in iPhone gaming

 The iPhone developer iFund has taken out another investment, this time in start-up game publisher, ngmoco. The fund is run by venture capital firm Kleiner Perkins Caufield & Byers and has taken an undisclosed investment in the games company. Ngmoco will use the cash to develop new titles for the iPhone, and is already advertising for developers, producers and other games development staff. CEO Neil Young is a former Electronic Arts executive. While at that company, he oversaw development of several titles, including  Lord of the Rings, The Sims 2, and the about-to-be-released Spore. He left EA in June, and wants to both develop its own games and finance and produce games from other developers.  Klein

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