JumpStart, a Torrance, CA-based educational game developer that publishes entertaining mobile and web products for children, raised $13m in debt financing.
Hercules Technology Growth Capital, Inc. (NYSE: HTGC) led the round with additional funds coming from Telesoft Partners.
The company intends to use the funds to expand its offerings beyond its current brand portfolio within the children and family space.
Founded in 1991 and led by Chief Executive Officer David Lord, JumpStart creates kids’ educational games under its two flagship brands JumpStart® and Math Blaster®. The company also partners with brands such as DreamWorks Animation to develop various educational mobile and web browser games, including Madagascar Preschool Surf N’ Slide and School of Dragons®, an educational massively multiplayer online role-playing game.
It is a subsidiary of Knowledge Holdings, Inc.