Greg Kumparak — editor of MobileCrunch.com, the mobile industry blog TechCrunch network. Greg writing for TechCrunch network since May 2008. Greg was born in the vicinity of San Jose, California and currently lives in East Bay. ? Read More
Times they are a changin'. Magazines fall at the feet of their digital replacement, while printed books feels records from affordable, portable reading device. And yet, we still seem to cling to one category of the associated application (if only for the sake of nostalgia for): children's book. But for how long?
iStoryTime, the Publisher, which publishes "books" (in the form of interactive app) exclusively for mobile devices, just closed a $ 2 million.
While iStoryTime is a company that most young iPad-toting crowd likely haven't heard about, people with a bed-time story of age very well could have: they've got a publishing deal for a handful of huge license as transformers, Kung Fu Panda and the Smurfs, with this last property, earning the # 1 spot in the children's book iOS App Store for the past few weeks.
In such a way that they plan to do with the money? More books, in several places. They will focus on expanding their library (which is currently about 100 names), and then work on making them available for additional devices (now almost exclusively iOS with only a few names on Android.)
Round headed corporate finance partners Germany (this is particularly cool because iStoryTime Californian company)
Company:
CORPORATE FINANCE PARTNERS
Corporate finance partners (CFPs) provides corporate finance advisory services focusing on mergers, acquisitions, & well as private equity/venture capital funding. CFP achieves global reach ...
iStoryTime brings joy to children's book for the convenience of your iPhone, iPod ® touch, or iPad. The book illustrated and narrative, so your child can enjoy ...
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