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November 14, 2012 08:43 pm GMT
Kids educational and entertainment app maker Night & Day Studios is taking an unconventional path to growth. The startup is announcing today, not a round of venture funding, but rather a partnership with enterprise mobile software company ScrollMotion. The deal brings Night & Day Studios many of the things that an outside round would have otherwise provided: access to more engineers, a way to speed the time to market for their apps, and the ability to expand its company further. The startup also secured an undisclosed investment from entrepreneur and investor Steve Chapman, who joins Night & Day Studios as CFO.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OU78hgmAM_4/
Night & Day Studios Forgoes Funding, Partners With ScrollMotion To Become One Of The Largest Independent Kids App Makers On The Market
Kids educational and entertainment app maker Night & Day Studios is taking an unconventional path to growth. The startup is announcing today, not a round of venture funding, but rather a partnership with enterprise mobile software company ScrollMotion. The deal brings Night & Day Studios many of the things that an outside round would have otherwise provided: access to more engineers, a way to speed the time to market for their apps, and the ability to expand its company further. The startup also secured an undisclosed investment from entrepreneur and investor Steve Chapman, who joins Night & Day Studios as CFO.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OU78hgmAM_4/
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