Live: Kleiner Perkins’ Doubles Down The iFund To $200 Million For the iPad

I'm here at the Rosewood Sandhill Hotel in Menlo Park, CA where Kleiner Perkins Caufield & Byers is hosting a mysterious press briefing surrounding a "mobile content revolution." The famous venture capital firm is being tight-lipped about what this event is actually about, but the speculation among those here is that it may involve Apple's new iPad , which is being launched in the U.S. on Saturday. Update : Yep, it's about the iPad. Kleiner Perkins is doubling its iFund to $200 million for more than a dozen iPad applications in May. iFund portfolio companies include Booyah, Cooliris, GOGII, InMobi, ngmoco, Pinger, Shazam, shopkick, and Zynga.