Monday, April 25, 2011

A-Fund Arrives - It was Only a Matter of Time!

DCM, an early stage VC firm, in partnership with GREE, KDDI, and Tencent, just launched an Android focused fund to take advantage of the explosive growth potential of Android. It's not like Android wasn't growing like gangbusters earlier; throw in a few hundred million dollars (we foresee this being the first of many such funds) and the market will ramp even quicker.

Check out the DCM press release:
http://www.dcm.com/dnld/news/04.21.11%20-%20DCM%20A-Fund%20Release.pdf

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