Entertainment Start-Up Secures $600K; St. Thomas Invests
Monday, July 25, 2011
St. Thomas’ William C. Norris Institute has invested $100,000 in the company, Cram Worldwide; the institute’s director is particularly interested in the potential for students to use its multi-touch tablet to access textbooks while ensuring that the content isn’t pirated.
A local start-up that provides personalized entertainment secured $600,000 in seed funding in its first round of financing that closed last week—and the University of St. Thomas is among the investors.
White Bear Lake-based Cram Worldwide, LLC, will officially launch its product at the national Consumer Electronics Show in January. But it’s already garnered significant interest from the business community.
Originally published: 07/25/2011, Twin Cities Business