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BlackBerry Partner Fund invests in organizational software

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blackberry partners fund

Xobni (“inbox” backwards), has some forward-thinking e-mail management ideas that have attracted the attention of the BlackBerry Partners Fund. The investment is part of a $10-million (U.S.) round of financing for Xobni – which also includes $7-million from Cisco Systems Inc. announced in January – valuing the BlackBerry Partners Fund’s contribution at about $3-million.

Xobni works with Microsoft Corp.’s Outlook and helps users better organize e-mails and other information, such as phone numbers, within the program.

This investment should surely help enterprise BlackBerry users.

Two very different takes on RIM’s stock

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It’s not uncommon to find two opposing financial analysts on RIM’s stock in even the best of times, so it should come as no surprise that during the current global economic crisis we can’t get two analysts to agree on anything.

First we have Apple shareholder Howard Lindzon of Knight’s Bridge Capital, who is not so much down on RIM as he is long on Apple. However, he does state that RIM is “chasing Apple”, and should not cannibalize their sales with the BlackBerry Bold and Storm, but rather focus on improving the BlackBerry Curve. Hmmm. (via Yahoo!)

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BlackBerry Partners Fund Invests in buzzd, Digby and WorldMate

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BlackBerry Partners Fund

Big news breaking from the always exciting crew over at the BlackBerry Partners Fund!

Following up a busy week where they announced the winners of the BBDC BlackBerry Developer Challenge (Poynt, Strands and BlackBerry Cool 15 winner Nobex) and made two on-the-spot offers to BlackBerry Cool 15 presenters Smrtguard and BeamBerry, the Partners Fund has announced investment in three more BlackBerry developers: buzzd, Digby, and WorldMate. Here’s a quick rundown of each developer and the investment amount:

    buzzd, a location-sensitive city guide and social network for mobile devices, has raised $3.2 million in a Series A Preferred Stock financing with BlackBerry Partners Fund, Greycroft Partners, Monitor Ventures and Qualcomm Ventures.

    Digby, a leading mobile commerce service provider, has raised $5.5 million Series B Preferred Stock with the BlackBerry Partners Fund and existing shareholders.

    WorldMate, a company that has paved the way for mobile travel innovation and serves over one million frequent flyers and road warriors around the world, has raised $8 million in a Series C Preferred Stock financing with BlackBerry Partners Fund, Motorola Ventures and AMC Communications.

Congratulations to WorldMate, buzzd and Digby! You can read the full press release after the jump, with statements from key Partners Fund members and representatives of the respective development companies.

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All about the BlackBerry Partners Fund (audio interview)

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BlackBerry Partners Fund

We talked with Rick Segal from the $150 million BlackBerry Partners Fund recently to go over the broad strokes of the venture capital initiative, as well as some of the finer points about the firm’s goals and their partners. Currently, they’re taking applications not just for BlackBerry developers started, but any mobile software projects. With the iPhone and iPod App Store in full tilt, this is a ripe opportunity for entrepreneurs to tap not only the lucrative BlackBerry scene, but all mobile platforms. Any developers out there who really want to catch the the Partners Fund’s eye should check out the competition they’re running at the BlackBerry Developer Conference in October, where winners will get upwards of $150,000 in investment prizes…

Take a listen to our interview with Rick Segal from the BlackBerry Partners Fund and excerpts behind the jump!