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Venture Capital News: Speakaboos Secures $6.2M

2013-08-28
NEW YORK, NY, Ed-tech startup offering a subscription based service for children's interactive storybooks announced its seed and Series A funding totaling $6.2 million.
According to published reports, Speakaboos, an Ed-tech startup offering a subscription based service for children's interactive storybooks, is today disclosing its seed and Series A funding totaling $6.2 million from [212]MEDIA initially, followed by Shari Redstone's (Vice Chairman of the Board of CBS & Viacom)'s Advancit Capital; Korean education company Kyowon Group; Gerald Hughes (former President & COO of Houghton Mifflin Harcourt); and Rick Segal (Managing Director of ReThink Education).

Speakaboos brings classic children's entertainment into a digital world. Beloved characters and treasured stories are given new life through amazing celebrity performances, beautiful illustrations, and original music. At Speakaboos, children develop literacy skills while learning about technology in a safe and fun environment.
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