It’s been a good week for financing, with new firms FlowPlay and iOpener both announcing funding rounds. Joining them is kidworld Dizzywood, which has taken on $1 million of Series A financing led by Shelby Bonnie, with the participation of Charles River Ventures and several other individual investors. The world targets 8-12 year-olds, with a mixture of play and education. It launched in November last year, and plans to use the funding in its ongoing development and expansion. Already in 2008, it seems that VCs are keenest to open their wallets for virtual worlds targeting kids, or with gaming features, rather than the adult-focused worlds akin to Second Life. That’s not surprising, with the media attention switching away from such worlds and towards the likes of Club Penguin. Dizzywood is still in public beta, so it’s early days for this effort.
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