Rapid Smartphone Penetration Presents New Opportunities for Diverse Businesses

Smartphone application development has been given a huge boost by venture capital firm Kleiner Perkins Caufield & Byers, which recently announced the launch of the $100 million iFund to invest in companies developing applications and services for the iPhone and iPod touch.

The opportunities presented by such initiatives provide tremendous rewards for women and minority-owned businesses that capitalize on the market and develop the next generation of .....DP