BlackBerry Partners Fund expands into China

Posted by Rob Lewis

The Toronto headquartered BlackBerry Partners Fund announced today the expansion of its investment activities with the launch of a US $100 Million affiliate fund focused on mobile investment opportunities in China.

"The BlackBerry platform offers tremendous opportunities for startups and other technology innovators to develop new value-added products and services for the mobile market," said Jim Balsillie, Co-CEO of Research In Motion. "We are very excited by the announcement of this new fund and we believe it will help fuel substantial innovation and commercial success within the mobile ecosystem in China."

BlackBerry Partners Fund China is a new joint venture between China Broadband Capital Partners and the BlackBerry Partners Fund. The new Fund will invest exclusively in opportunities supporting the emerging mobile ecosystem in China, the world's largest mobile market.

The new Fund is expected to close on August 31, 2010.

Company:
BlackBerry
Website:
http://www.blackberry.com
Location:
Waterloo, Ontario, Canada

Research In Motion (RIM), a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry solution in 1999. Since then, BlackBerry products and services have continued to change the way millions of people around the world stay connected. With the launch of BlackBerry 10, we have re-designed, re-engineered and re-invented BlackBerry. Not only did we introduce a... more

Company:
Relay Ventures
Website:
http://www.relayventures.com
Location:
Toronto, Ontario, Canada

Relay Ventures is an early stage venture capital firm that invests in passionate entrepreneurs disrupting and creating new markets through mobile technologies. Unlike other funds, Relay exclusively focuses on software for mobile devices and the connected Internet, creating an unparalleled set of networks and resources that tangibly help founders build world-class companies. With offices in Menlo Park and Toronto,... more


blog comments powered by Disqus

Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more




Who's Hiring



Recent Comments

Powered by Disqus