When Apple announced the iPhone Software Development Kit (SDK) in March, they also announced the
creation of a $100 million dollar "iFund" by venture capital firm Kleiner Perkins Caufield & Byers.
Businessweek reports on the first two companies that have been chosen to receive funding out of over 1700 submissions.
Pelago's Whrrl application ties the iPhone's mapping capabilities to help find out restaurants and services in your
area:
The other application to receive funding is
iControl, a home automation application
that would allow you to remotely control devices in your house (such as
lighting, air conditioning, etc..) through your iPhone.
Kleiner Perkins has reportedly extended one more offer to another company
and has 10 others they are seriously considering. Though no agreements have
been put in place, Pelago is optimistic that they could be featured by Apple
either at the WWDC keynote or even as a bundled application with the iPhone.
Boy oh boy, this event in less than 2 weeks had better be the greatest product unveiling in the history of product releases or mark my words Apple will lose a substantial contingent of its die-hard loyal fan base. Sure, even if the update is crappy and doesn't live up to the hype (how could it possibly?) they'll still sell enough of them to newbies to make headlines, but for we connaisseurs who've been through this before with Apple, well, we're just fed the f$#! up and we're not gonna take it anymore! We'll revolt in the form of simply keeping our current phones, downloading whatever half-a$$ firmware update they issue and let that suffice...until they release a product ALL-INCLUSIVE of features that meet --- no, EXCEED --- our high demands and descriminating tastes. Let Steve Jobs release some ol' bullsh*t come June 9th. Just let him. Ohhh I want him to do it soooo bad! I dare him, dammit! And see what happens!!!