Kleiner Perkins Bets Heavily On Apple’s iPad

Silicon Valley’s top venture capital firm Kleiner Perkins is increasing its bet on Apple’s iPad. The firm has added another $100 million to an “iFund” that had started with an initial deposit of $100 million two years back. The firm’s focus was to invest in startups dedicated to building applications for Apple’s iPhone and iPod Touch.  With previous investments in companies like Google, Amazon this surely is another succesful investment from Kleiner Perkins.

Apple has already opened up the iPad for pre-orders and will make it available on Saturday.

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