BlackBerry Partners Fund Expands with US$100 Million Affiliate Fund in China

Toronto-based BlackBerry Partners Fund, an independent venture capital firm focused exclusively on mobile computing, announced the expansion of its investment activities with the launch of a US$100 million affiliate fund focused on mobile investment opportunities in China. BlackBerry Partners Fund China is a new joint venture between China Broadband Capital Partners, a leading venture capital and private equity manager focused on media and communications investments in China, and BlackBerry Partners Fund. The new Fund will invest exclusively in opportunities supporting the emerging mobile ecosystem in China and is expected to close on August 31, 2010. The BlackBerry Partners Fund is a C$150 million venture capital fund to be focused on applications and services for the BlackBerry platform and other mobile platforms including mobile commerce, vertical and horizontal enterprise applications, communications, social networking, location-based applications and services, media and entertainment, and lifestyle and personal productivity applications.