Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=311452c0-007c-4a0e-b502-3f1a661fdc85
Date 3/21/2014
Company Name Pley
Mailing Address 1580 Oakland Rd. San Jose, CA 95131 USA
Company Description Pley makes it possible for kids of all ages to rent LEGO sets, saving hundreds of dollars per year in toys that are enjoyed and then often neglected. Through creating a sharing economy that reduces waste and enhances kids’ cognitive skills, Pley’s goal is to change the very paradigm of playtime by providing an affordable subscription service for educational toys.
Proceeds Purposes The venture capital funds will help Pley build out an East coast warehouse, expand to Europe, and double its team of 23 in the next year.