Cambridge, Mass. – Smart Kids Group, a Cambridge-based, children’s digital education and entertainment company, announced on Wednesday it has raised a $20 million equity financing from AGS Capital Group to fund several key acquisitions.
The company develops, distributes and licenses children’s “edutainment” products through a variety of media including television, video, retail, direct marketing, and the Internet.
“Smart Kids Group is currently in talks with several public and private companies to potentially acquire,” said Thomas Anthony Guerriero, chairman of Smart Kids Group, in the announcement. “Having this equity deal in place sets us up in a very strong position for the near term and the future.”
This article was also published in New England Tech Wire.
Smart Kids Group – press release