Industrious Kid Secures Funding; Introduces Children to Blogging

Mar 24, 2006


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Industrious Kid has secured $6 million in Series A financing from a group of undisclosed individuals. The company is using the round to finish development of its first offering, imbee.com, which it plans to launch in May. The company may consider a venture round late this year or in early 2007.

Imbee, which will go live by May, is designed to offer a safe place for kids 8-14 years old to create Web logs and chat with friends. Imbee will have a screening process to ensure that users are who they say they are, and will also be a closed site not accessible by the larger Web.

(http://industriouskid.com/)