This is a pleasant piece of news this good Friday morning. DCM – an investment firm in Silicon Valley – has announced A-Fund, a $100 million pool of money headed straight for up and coming players in the Android ecosystem. DCM is one of many firms who have identified Android as the hottest thing going in mobile right now and they’re looking to capitalize on that by helping Android-focused startups with capital.
What really pushed them to do this was Android’s rise to dominance in Asia, including countries such as Japan, China, and Taiwan. If you need a bit more history on their success, Zynga is just one name of many that they saw dollar signs in starting out.
DCM has not yet announced which companies will see investments from the A-Fund, but four are expected to be announced next month. Let’s hope this pushes Android over the top and has developers competing for top dollar in the Android market. [Mashable]
others already advised of what i initially typed :)
Yeah, might wanna edit the title. Hell, I’ve shoved more than $100 into the Android ecosystem lol
Haha, Same here. I was gonna do it again if my name got placed on a wall plate inside the Google HQ
Indeed…I did a double-take when I saw investors were dropping a whole $100 into the android ecosystem! Big spenders! :)
Hahaha how silly. Thanks guys.
I love the picture! wish I have those bills lol
Please give the money to some companies focused on Honeycomb app development. I’m actually considering a freakin’ iPad 2 for the apps. I really don’t want to have to do that since I hate iOS.
Good to see some ppl not scared off by the recent happening in the Android world…
we need more games.
More games and more apps for every business/company/service available. The Android Market has been at a 150,000+ apps for the longest. That number needs to be upped to 200k to show a sign of growth in comparison to the App Store’s 300k.
The first thing i want to hear on a commercial is “now available on the Android Market” before hearing it available on iPhone.
hey this article copied a picture of my closet
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