Tech Company Financing Transactions
Tales2Go Funding Round
NewSchools Venture Fund and Maryland Venture Fund participated in a $2.4 million Series A capital raise for Tales2Go. The round was announced on 3/25/2015.
Transaction Overview
Company Name
Announced On
3/25/2015
Transaction Type
Venture Equity
Amount
$2,400,000
Round
Series A
Investors
NewSchools Venture Fund (Lead Investor) (Jennifer Carolan)
Proceeds Purpose
Proceeds from the financing will be used to fund further expansion of the company in the U.S. and Canada, and subsequently abroad to international territories.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
4701 Sangamore Rd. NW S127
Bethesda, MD 20816
USA
Bethesda, MD 20816
USA
Phone
Website
Email Address
Overview
Tales2Go, based in Bethesda, MD, is a Netflix-like service that streams thousands of audiobook titles from leading publishers to desktops, laptops and mobile devices in the classroom and beyond. The company has innovated on both the delivery and business model of providing schools with audio books.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Weil
Chief Information Officer
Tracey Weil
Chief Technical Officer
Scott Santulli
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