SAUSALITO, CA, Persistent Venture Fund announced its first investment in Ustyme, free, video-call app for iPad that creates shared experiences through quality content, like books and games.
The initial investment recipient is ustyme, a free, video-call app for iPad that creates shared experiences through quality content, like books and games. ustyme creates the context for spending time together and allows family and friends to read classic tales, such as 'Goldilocks and the Three Bears' and 'Henny Penny,' and play well known games, like Checkers, Chess and Go Fish, while seeing and interacting with each other through a video-screen.
ustyme was founded by a team of family-first entrepreneurs in 2012 who all intensely believed in the notion that deeper connections can be achieved through shared experiences of quality content. Members of the ustyme team recalled their own fond memories of time spent playing Gin Rummy on vacation with mom, playing Chess with dad after school or reading Goldilocks and the Three Bears with grandma at bed time. These collaborative memories fueled the passion to develop an easy-to-use platform that offers quality time spent with loved ones.
ustyme creates meaningful, deeper relationships through shared experiences around rich content like books and games. ustyme, a free video-call app for iPad, gives families and friends the opportunity to truly engage with each other and build connections that just aren't possible through simple phone calls. ustyme is a privately held, angel-funded company, based in Sausalito, Calif.
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