Kidoodle Streamer Receives Investment From TriWest Capital Partners
Summary
Kidoodle offers a bundle of subscription streaming channels that feature content hand-selected to be appropriate for impressionable young minds. Kidoodle has ad-filtering technology that is also being licensed out to other users as concerns grow among mainstream digital publishers about thespread of objectionable content online.As part of the investment, TriWest Capitals Jon Spencer has joined Kidoodles board of directors.Managements vision has allowed APMC to build industry leading ad-technology to provide solutions to open media platform problems, all while prioritizing the protection of children in a rapidly growing and changing industry, Spencer said. The company has mostly licensed content but is stepping up its output of originals.We feel that this alignment validates the achievements we have made to date and our commitment to families globally in a time when protections for children are needed the most, said Kidoodle founder Michael Lowe, who lists his title as CEO and Dad. Thats part of our DNA.The pact between A Public Media Co. and Kidoodle came together with the help of Fred Mannix Jr., a successful Canadian polo player turned investment banking executive.This is a business for positive impact. As a father, it was important to me to stand behind the strong work ethic and commitment to safety for children that this company represents, Mannix said.Correction: A Parent Media Co. has raised a total of $62 million to date.