Kabongo, a developer of online educational games, has raised $1.1 million of an expected $4 million in equity, according to a filing with the SEC. GoGo Kabongo, a digital game published by the company, helps kids learn to read by developing skills like comprehension, visualization and memory.
Kabongo originally launched its products in schools, but the games are now available online so students can access them from home. Founded in 2008 by a cognitive psychologist, the startup is based in Emeryville, Calif. with an office in Ann Arbor, Mich. Kabongo last raised $1 million in January, and the company is backed by DFJ Mercury and RPM Ventures.
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Companies: DFJ Mercury, GoGo Kabongo, Kabongo, Rpm Ventures
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