Also Expands Advisory Board to Include Privacy Expert
Will Unveil 3D Avatar App at Digital Kids Conference 2012
First Realistic Animation On Social Media Platform To Represent Kids’ Styles, Personalities, & Interests
Rizzo Joins Board On The Heels Of Company’s $3 Million Financing Round
MENLO PARK, CA, APRIL 3, 2012 – PixyKids (www.pixykids.com), an interactive and immersive social media family and kids platform, today announced that John F. Rizzo, Jive Software’s Chief Marketing Officer, has joined the Board of Directors. The announcement follows the closure of financing of a total round of $3 million including a $2 million investment by ATA Ventures. Mr. Rizzo is joining a board that includes PixyKids’ Co-Founder & Chief Executive Officer, Rajul Kadakia and Co-Founder & Managing Director ATA Ventures, Pete Thomas. Backed initially by Silicon Valley giants Sequoia and Kleiner Perkins Caufield & Byers, Jive is one of the fastest growing public companies after their successful IPO in December 2011, which has further highlighted growing investor interest in social media companies.
“John’s exceptional depth of experience across social media, interactive marketing, and success growing early stage companies into respected organizations will make a tremendous contribution to our Board of Directors,” said Rajul Kadakia, Co-Founder and CEO of PixyKids. “We are conscientiously building the PixyKids Board with key innovators and decision makers in the industry and John’s extensive insight and experience comes at a very exciting time. I know he shares our enthusiasm and vision for PixyKids to become an engaging social platform where kids and families around the world can connect and share, and we are thrilled to be the beneficiary of his outstanding and relevant expertise.” Continue reading
MENLO PARK, CA, March 14, 2012 – PixyKids (www.pixykids.com), an interactive and immersive social media platform where kids 6-12 can create, share, learn, and have fun through their personalized digital space, today announced that it has secured financing of $3 million including a $2 million investment by ATA Ventures and $1 million from other angel investors. Co-Founded by CEO, Rajul Kadakia, Kalpesh Savla, and Altaf Shaikh, the company also announced the appointment of accomplished industry experts Michael Adair, Chief Operating Officer, Neil Markey, Vice President, Engineering, and Kristen Alexander, Vice President, Marketing.
PixyKids aspires to become a premier social platform where kids can create their own content through interactive tools and apps, connect and share with family and friends, and build and publish a curated digital portfolio, all in an uninhibited yet safe manner. All kids create content – photos, videos, artwork, and projects – but options for how to customize and share that content with friends and family online are extremely limited. Many popular sites have not been built expressly for kids under age 13, while others have restrictive feature sets. PixyKids is being specifically developed for this segment and embraces family as key participants in the digital ecosystem kids are exploring. In fact, kids this age still seek out their parents for advice, particularly when it comes to navigating online, and also continue to seek parental recognition for personal achievements. Continue reading