Masher Media Raises $300K From Tech Coast Angels
Masher Media has announced a multi-player children’s game called MyMiniPeeps. MyMiniPeeps is a virtual world that was intended for kids that are between the ages of 6-13. Masher Media recently has raised $300,000 in funding from Tech Coast Angels. MyMiniPeeps will be launching in Fall 2010. The company plans to raise revenue by launching a toy line.
This will enable kids to interact online and offline with the virtual world. Virtual goods will also be sold on MyMiniPeeps. Subscriptions will cost $5.95 per month with discounts on 6 month and 12 months increments.
Masher Media was started by Sherry Gunther. She previously founded kids website Zookazoo. She is also a producer for shows such as The Simpsons, Rugrats, Family Guy, Looney Tunes, and Power Puff Girls.
[via Alarm:Clock]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry