Your Source for Venture Capital and Private Equity Financings

Venture Capital News: Fingerprint Digital Receives Investment

2012-09-05
SAN FRANCISCO, CA, Mobile gaming startup that creates educational and engaging gaming apps for kids, today announced that Corus Entertainment Inc., an integrated media and entertainment company, has made an investment.
Fingerprint Digital, Inc, a mobile gaming startup that creates educational and engaging gaming apps for kids, today announced that Corus Entertainment Inc., an integrated media and entertainment company, has made an investment to further grow and expand Fingerprint's learning and entertainment platform, known as Fingerprint Play. As the lead investor, Corus will bolster Fingerprint's position as one of the key contenders in the growing children's app market as Fingerprint adds more content, expands its product offering and names Corus' Colin Bohm, Managing Director, Nelvana Enterprises to its board.

The Fingerprint Play platform, which launched in December of 2011, is available on iOS (iPhone, iPod Touch and iPad) and offers a range of entertaining and educational content with compelling interactive features designed to engage children and parents in a gaming environment. Fingerprint offers 14 apps today, which have been played over 20 million minutes. With this investment from Corus, Fingerprint Play plans to expand to Android devices and add eight new gaming apps by the end of 2012.

"We are excited about Corus' investment in our company. This partnership enables us to leverage Corus' experience in the kids' realm and will allow Fingerprint to increase our offerings to older children, expand internationally and deliver new games that kids love and parents trust on all platforms, from iOS to Android," said Nancy MacIntyre, CEO and co-founder of Fingerprint.

In addition to its premium and lifestyle entertainment offerings, Corus Entertainment has an array of kid-focused assets including television networks; an animation business, Nelvana; and a book publishing business, Kids Can Press. The company's brands, including Max & Ruby, Babar, Franklin and Friends, Scaredy Squirrel, Chester and CitizenKid, to name a few, are well-known and loved by kids and families worldwide. Through this deal, Corus plans to bring some of its properties to the Fingerprint Play platform.

"Fingerprint's unique platform for connecting parents and kids with game-based learning is the foundation for success in the crowded app market," said Colin Bohm. "With our focus and commitment on providing audiences with access to great content on all platforms, Corus looks forward to helping Fingerprint grow and expand their technology worldwide."

Daniel Klaus, CEO of K2 Media Labs and co-founder of Fingerprint, added: "Corus is the perfect investor to join Fingerprint. Their success in building kid- and family-friendly brands, coupled with our strength in creating children's gaming content, makes for great future growth opportunities."

About Fingerprint Digital
Based in San Francisco, Fingerprint Digital is a mobile entertainment company for kids and the creator of Fingerprint Play, the first kids' learning and entertainment platform, providing sharing and engagement opportunities between kids and parents across mobile devices and the web. Its network of quality, Mom-Comm enabled edutainment apps is made up of first-party apps, as well as apps "fingerprinted" by third-party developers. For more information, visit www.fingerprintplay.com or www.facebook.com/fingerprintplay.

About Corus Entertainment Inc.
Corus Entertainment Inc. is a Canadian-based media and entertainment company. Corus is a market leader in specialty television and radio with additional assets in pay television, television broadcasting, children's book publishing and children's animation. The Company's multimedia entertainment brands include YTV, Treehouse, Nickelodeon (Canada), ABC Spark, W Network, OWN: Oprah Winfrey Network (Canada), CosmoTV, Sundance Channel (Canada), Movie Central, HBO Canada, Nelvana, Kids Can Press and radio stations including CKNW AM 980, 99.3 The FOX, Country 105, 630 CHED, Q107 and 102.1 the Edge. Corus creates engaging branded entertainment experiences for its audiences across multiple platforms. A publicly traded company, Corus is listed on the Toronto Stock Exchange (CJR.B). Experience Corus on the web at www.corusent.com.

About K2 Media Labs
K2 Media Labs is an Investment Lab focused on building businesses for the connected consumer. Founded by Kevin Wendle (CNET, iFilm and E! Online) and Daniel Klaus (MusicNation, Brand Farm and Fabric Group), K2 Media Labs network of companies includes Fingerprint, Sonar, and Tracks. Learn more about K2 Media Labs at www.k2medialabs.com.

(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors