TechCrunch
Speakaboos, an ed-tech startup offering a subscription based service for children’s interactive storybooks, is today disclosing its seed and Series A funding totaling $6.2 million from New York-based digital media venture development platform [212]MEDIA initially, followed by Shari Redstone’s (Vice Chairman of the Board of CBS & Viacom)’s Advancit Capital; Korean education company Kyowon Group; Gerald Hughes (former President & COO of Houghton Mifflin Harcourt); and Rick Segal (Managing Director of ReThink Education).
The company, originally launched to the web in 2009, was first incubated by [212]Media, a company-building firm which both invests and develops startups, leveraging their close ties to nearby New York media companies. Speakaboos is the third company to arrive out of [212]Media, which is best known for Saavn, the “Spotify for India” which has more recently expanded to other Western and Asian markets.