iStoryTime Raises $2M in Series A Funding

iStoryTime, zuuka Group’s publishing label with a large library of mobile children’s book apps, has raised $2m in Series A funding.

The investment, which was led by CFP& Founders Investments, completes the merger between Santa Barbara-based FrogDogMedia and Germany’s zuuka GmbH, which have combined under the zuuka Group name and will continue to publish under the label iStoryTime.

The company intends to use the capital to expand its domestic and international library of more than 100 books in 80 countries, as well as expand distribution of the content to additional mobile platforms beyond Apple’s iPad, iPhone and iPod touch, Android and the HP TouchPad.

iStoryTime’s titles include The Smurfs®, Kung Fu Panda, Shrek, How to Train Your Dragon, Peter Pan and Binky the Pink Elephant.

FinSMEs

10/08/2011

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