Venture Capital News: Zoobean Raises Funding
WASHINGTON, DC, Militello Capital has added Zoobean to its investment portfolio.
Militello Capital welcomes Zoobean to its investment portfolio! Zoobean was featured on ABC's hit television show, Shark Tank, last Friday (April 18th). During the episode, Zoobean secured an investment from entrepreneur and billionaire owner of the Dallas Mavericks, Mark Cuban.
Launched in May 2013 by husband and wife team Felix Brandon Lloyd and Jordan Lloyd Bookey, Zoobean combines the perspectives of expert curators with data science, to help parents improve their children's literacy. Serving as a sort of 'Pandora for children's apps and books,' Zoobean personalizes selections based on each child's age, interests and reading level. It also provides tools for parents to collaborate with teachers and family in building their children's literacy.
'We believe that Jordan and Felix have built an innovative and educational platform for children,' says Matt Brady, Co-Founder and COO of Militello Capital. He continues, 'We are very excited about the addition of Zoobean to our portfolio and to be investing alongside Mark Cuban.'
Zoobean makes it easy to find remarkable children's books that have been recommended and curated by parents. Books on Zoobean are cataloged by recommended age, relevant topics, characters' backgrounds, and other tags that matter to families. The company offers a subscription service, direct sales of featured books, and affiliate sales of books in its catalog. For more information, visit: http://www.zoobean.com
About Militello Capital
Militello Capital is a Northern Virginia-based private equity investment manager. We've moved beyond Wall Street to a place where ideas matter, people have names and investing is as much about creating opportunity as it is about increasing wealth. Our firm was founded on the principle that true wealth is created in private investments. We offer two distinct alternative investment strategies available exclusively through certified RIAs: deep value commercial real estate and emerging technology venture capital.
Visit http://www.militellocapital.com/ to learn more
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