iStoryTime Garners $2,000,000 Series A Round

  • Feed Type
  • 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