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August 10, 2012 01:22 am GMT

Microsofts New Bing Fund Announces Its First Two Companies

6644.b-fund-logo_3669B89FJust about a month ago, Microsoft officially announced its Bing Fund angel fund and incubator program. Today, Bing Fund announced that it has enrolled its first two companies: app development service Buddy and Pinion, an advertising service with a focus on gaming communities. Both companies hail from Microsoft's own home state of Washington and will, among other things, get subsidized use of Bing's APIs, mentorship, funding and access to co-working space in Bellevue, WA where Microsofts Online Services Division is located.

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