Neil Young’s iPhone firm gets funding

Next Generation Mobile Company (ngmoco) has secured series A investment from Kleiner Perkins Caufield & Byers (KPCB) with participation from Maples Investments, an early stage fund with expertise in gaming and social networking.

The sum raised was not disclosed.

Ngmoco was founded last month by ex-Electronic Arts studio head Neil Young with a view to creating games for high-end handsets like the iPhone.

Bing Gordon, KPCB partner and former chief creative officer at Electronic Arts, will join the ngmoco board as a result of the investment.

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