VCs Continue To Invest More And More In iPhone Startups
A recent study and data by the folks at Chubbybrain shows that VCs have invested over $100 million into companies and startups working in the iPhone space. 17 companies formed part of th study and some interesting stats are shown below. The study limited the scope of this study to startups whose core functionality and capability is centered on the iPhone.
Interestingly there seems to be a co-relation between the number of iPhones sold and the amount of VC money being invested – with both numbers growing relatively together over a span of time.
You can see all the fancy stats and graphs with some interesting trends here.
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