Preschooler interactive TV and learning platform Hopster has completed a multi-million pound equity investment round.
The funding round, which caps a year of strong growth for the UK-based startup, will fuel its ambitious growth plans for the new year and beyond.
The funding will see Hopster invest in new product features, acquire more premium kids content, and continue its programme of international expansion, which kicked off last December with a successful launch in Ireland. Additionally, Hopster is expanding its team and UK operation to support its growth.
“We had an amazing first year – and it’s great that Sandbox have recognised the huge potential of this space,” comments Nick Walters, Hopster. “With their investment on board, we’ll be able to offer more than ever before for families – and we’ve got big plans for new features and international expansion. Our expansion to Ireland has beaten our expectations; now we want to increase the pace and deliver an unprecedented experience to families all around the globe.”