Kisstixx Receives $200K Investment from Mark Cuban

Kisstixx, the Orem, UT-based makers of a lip balm that packs a chemical reaction when kissing, has received a $200k investment from Mark Cuban, owner of the Dallas Mavericks and star of ABC’s “Shark Tank”.

The company intends to use the funds to increase adoption of its product.

Founded by CEO Dallas Robinson and and Mike Buonomo, Kisstixx makes lip balms which are offered in two compatible flavors for the couple. Flavor combinations include Fire & Ice, Raspberry & Lemonade, Peaches & Cream, Pina Colada & Strawberry Daiquiri, Sweet & Sour and Strawberry & Chocolate.
A release says that when partners kiss, the flavors combine to provide a pleasurable sensation (I haven’t tested it).

FinSMEs

03/03/2012

Additional Resources:
http://www.facebook.com/Kisstixx

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