iStoryTime Garners $2,000,000 Series A Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=82651dfa-7c80-4e9f-b9de-9a58bfd31d37&Preview=1 - Date
8/10/2011 - Company Name
iStoryTime - Mailing Address
PO Box 6028 Playa del Rey, CA 90296 - Company Description
iStoryTime was founded by two fathers and their friends who love to have fun with their families and technology (after the kids have gone to bed, of course). Driven by a passion to make children’s books more accessible and entertaining, we created the iStoryTime app for iPhone. - Website
http://www.istorytimeapp.com - Transaction Type
Venture Equity - Transaction Amount
$2,000,000 - Transaction Round
Series A - Proceeds Purposes
The investment will allow the company to quickly expand their domestic and international library of more than 100 books in 80 countries. Plus, the investment will allow the company to expand distribution of the content to additional mobile platforms. - M&A Terms
- Venture Investor
Undisclosed
