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BlackBerry Partners Fund Announces Investments in buzzd, Digby and WorldMate

CATEGORY: Cell Phones | SOURCE:

The BlackBerry Partners Fund, a $150 million venture capital fund formed to focus on applications and services for the BlackBerry and other mobile platforms, announced today that the Fund has made investments in buzzd, Digby and WorldMate. “Since its inception this past May, the BlackBerry Partners Fund has had the opportunity to review thousands of business plans from companies focused on developing the next generation of business and consumer applications for BlackBerry and other smartphone platforms,” said John Albright, Co-Managing Partner of the BlackBerry Partners Fund.

blackberry-partners-fund

buzzd, a location-sensitive city guide and social network for mobile devices, has raised $3.2 million in a Series A Preferred Stock financing with BlackBerry Partners Fund, Greycroft Partners, Monitor Ventures and Qualcomm Ventures. Digby, a mobile commerce solution provider powering the mobile channel for top retailers, has raised $5.5 million Series B Preferred Stock with the BlackBerry Partners Fund and existing shareholders.

WorldMate, a company that has paved the way for mobile travel innovation and serves over one million frequent flyers and road warriors around the world, has raised $8 million in a Series C Preferred Stock financing with BlackBerry Partners Fund, Motorola Ventures and AMC Communications.


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