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.

Read more: http://tcbmag.blogs.com/daily_developments/2011/07/entertainment-start-up-secures-600k-st-thomas-invests.html



Originally published: 07/25/2011, Twin Cities Business