The BlackBerry Partners Fund is about to close a $100 million investment fund for China and plans to raise $150-250 million new fund for other markets by the end of this year, said John Albright, co-managing director of the Toronto-based VC firm, in this video interview.
Investors in the firm include RIM, Thomson Reuters, RBC and IBM. Investments are for various mobile technologies, not necessarily for RIM products.
We interviewed Albright last week at the paidContent Mobile conference at Columbia University where he was a speaker. He addresses investment opportunities in various mobile sectors.
This is our second video of our interview with him. Our first was about the opportunities around augmented reality and the firm's investment in Viewdle.