Knowledge Adventure Obtains $5,000,000 Series B Funding

  • Feed Type
  • Date
    8/11/2008
  • Company Name
    Knowledge Adventure
  • Mailing Address
    2377 Crenshaw Blvd Torrance, CA 90501
  • Company Description
    Knowledge Adventure is a leader in developing, publishing and distributing award-winning, multimedia educational software for use in both schools and homes. The company is internationally renowned for its Math Blaster®, Reading Blaster™, and JumpStart Learning System™ brands, as well as other innovative multimedia titles for students of all ages. With nearly 100 titles in a wide range of subjects, Knowledge Adventure is one of the largest educational software groups in the world. A subsidiary of Knowledge Holdings, Inc., the company is based in Los Angeles.
  • Website
    http://www.knowledgeadventure.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funds will allow the creation and support of a new team of people who will develop and produce the 3D virtual world online environment.
  • M&A Terms
  • Venture Investor
    Azure Capital Partners
  • Venture Investor
    Telesoft Partners