DCM creates iFund-like $100m A-Fund pool for Android
04/21, 2:55pm
DCM A-Fund giving 100m cash to Android services
Venture capitalists at DCM on Thursday unveiled an Android equivalent to the well-known iFund. A-Fund will give startups and other companies a total pool of $100 million to support apps, hardware, and services for Android. The funding will get help from Japanese carrier KDDI, local social network GREE, and Tencent, the founder of Chinese portal QQ.