Washington D.C. based Zoobean, a curation platform for educational apps, books and literacy resources for children, raised $400k from Militello Capital, CIT GAP Funds and angel investor Hilton Augustine Jr. according to Washington Business Journal.
The announcement came on Tuesday, only a day after the air date of a Shark Tank episode that revealed a $250k investment from Mark Cuban in the startup.
The Shark Tank episode was recorded in July 2013 and the investment closed in December of last year. Bound to non-disclosure agreements, the founders could not tell anyone that they had pitched Zoobean on the show for nearly a year.
- Zoobean, days after ‘Shark Tank’ appearance, raises additional $400,000 | Washington Business Journal
- Zoobean founders had to keep their ‘Shark Tank’ appearance under wraps for nearly a year | Washington Business Journal
- CIT GAP Funds Invests in Shark Tank Winner Zoobean | Press Release
- HEDLINE: Zoobean raises $250k from Mark Cuban | EDUKWEST