Update: Zoobean raises another $400k

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.

Key Takeaway

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.

Further Reading


zoobean.com | Twitter | Facebook | CrunchBase | AngelList

Kirsten Winkler is the founder and editor of EDUKWEST. She also writes about Social Media, Digital Society and Startups at KirstenWinkler.com.