One of the most surprising announcements from today's Apple shindig (at least to me) was the iFund from Kleiner Perkins Caufield & Byers. This $100 million fund will invest in companies, large or small, that want to develop innovative apps for both the iPhone and the iPod touch.

The iFund will invest anywhere from $100,000 to $15 million in funds for iPhone development. Check out the FAQ for more details.

This article was originally published on Tuaw.
The iPhone App Store