Relay Ventures leads $1.8 mln seed funding of Gobstopper
San Francisco-based Gobstopper, an interactive digital reading platform for teachers and their students, has secured US$1.8 million in seed-stage financing. The round was led by Canadian venture capital firm Relay Ventures, which was joined by Reed Hastings and New Schools Venture Fund, Kapor Capital, Sand Hill Angels, and Garnett Ventures. The company will use investment proceeds to accelerate new product and app development. In connection with the deal, Kevin Talbot, Relay's co-founder and managing partner, joined the Gobstopper board of directors.
8 October 2013•5 mins read
