RIM seeds new $150 million venture fund for BlackBerry software [Venture Capital], Legal Document Translation, Patent Document Translation, Business Document Translation, Technical Document Translation, Academic Document Translation,

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Readers: 9 | Updated: 05-13

RIM seeds new $150 million venture fund for BlackBerry software [Venture Capital]

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Canadian smartphone maker Research in Motion (RIM) announced a new $150 million Blackberry Partners Fund which includes private Canadian investors, RBC and Thomson Reuters. The fund will focus on companies building technology that works with RIM's popular BlackBerry mobile devices. And it raises the question: Why isn't the large installed base of BlackBerry devices motivation enough for developers? [PEHub]

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