Sequoia Pumps $6 Mil Into MindSnacks
With Zynga’s stock in the gutter, some are questioning the strength of social and mobile gaming.
That, however, didn’t deter Sequoia Capital
from adding $6 million in fresh capital into educational iOS game maker MindSnacks.
Launched in 2010, MindSnacks has already racked up roughly 4 million downloads.
In
an age of short attention spans and ceaseless digital distractions, the start-up attributes its success to a “bite-sized” approach to content consumption.
“Our games
make it easy to consume a few minutes’ worth of learning on the go,” said Jesse Pickard, CEO of MindSnacks. “This bite-sized approach makes learning easily digestible for people of
all ages.”
Each MindSnacks app features six mini-games built around different skills. Combined with what Pickard calls an “adaptive curricular algorithm,” its games
are easy to pick up.
With its new investment, MindSnacks plans to expand its subject offerings by hiring more engineers and designers.
Its current roster of 14 iPhone
apps include language-specific subjects, such as Spanish, Mandarin and SAT Vocabulary. Forthcoming titles will cover geography and math.
Regarding MindSnacks, Sequoia partner Bryan Schreier
said: “We see enormous potential in their mission to make learning any subject easier.”
By the end of the year, the number of U.S. social gamers will approach 76.5
million, according to eMarketer. Social networks such as Facebook remain a popular platform for social games, but the growth of stand-alone mobile applications gives game makers more control over
their destinies.
Recent Online Media Daily Articles
-
FTC's Ohlhausen Questions Privacy Recommendations May 21, 6:05 p.m.
The Federal Trade Commission's 2012 privacy recommendations could unintentionally disadvantage smaller online ad companies, Commissioner Maureen ... -
Subway's Comedy Promotes Brand, Content Strategy May 21, 2:43 p.m.
Setting a new bar for brands and their programming aspirations, Subway’s scripted comedy series, "The 4 ... -
Future of Social, Digital Shops In Doubt May 21, 1:48 p.m.
Companies talk a lot about fully integrated marketing strategies. One result may be the demise of ... -
Google+ Needs Android To Climb Out Of Experimental Phase May 20, 9:24 p.m.
Marketers continue to view Google+ as a fledgling network requiring experimentation, although the company released a ... -
AOL, Support.Com Settle Scareware Lawsuit For $8.5 Million May 20, 5:20 p.m.
Web company AOL and software vendor Support.com will pay $8.5 million to settle a lawsuit brought ... -
Gmail Hangouts Disable Google Voice May 20, 3:23 p.m.
Google's new version of Hangouts for Gmail eliminates Google Voice features. The move is frustrating heavy ... -
Digital Boost: Ziff Davis Acquires NetShelter May 20, 3:19 p.m.
Ziff Davis on Monday announced the acquisition of content network NetShelter from ad platform inPowered. Financial ... -
LikeableAds.com Launches, With Focus On Social Media Ads May 20, 3:04 p.m.
To keep up with growing demand from Madison Avenue, the social marketing consultants at Likeable Media ... -
Yahoo To Ramp 'Native' Ads On Tumblr May 20, 1:37 p.m.
With its $1.1 billion acquisition of Tumblr, Yahoo on Monday made clear that it plans to ... -
Gigya Improves Marketing, Adds 21 Social, Tech Partners May 20, 9:15 a.m.
Social services startup Gigya on Monday is expected to announce the addition of 21 social and ...


Be the first to comment on "Sequoia Pumps $6 Mil Into MindSnacks"
Leave a Comment