- Educational game developer KNeoMedia raised $1.34 million to assist with improving sales and is targeting its presence in the US
- The company is releasing a joint program with Dell Technologies and the National Association for the Advancement of Coloured People called Connecting All the Kids
Online game publisher, KNeoMedia, has raised $1.34 million to increase sales with plans to target the US market in particular.
KNeoMedia create educational programs for children of all intellectual abilities. The games are intended to be used in conjunction with classroom teachers and the education curriculum.
The sales team in the United States has been strengthened, according to the company, who are present in a number of US states.
KNeoMedia CEO James Kellet said “we have completely rebuilt our sales model and team in the past 18 months and we are poised to capitalise on these efforts,”
“Our sole objective now is to use these funds to deliver sales,” James added.
The company is releasing the Connect All Kids program alongside Dell Technologies and the National Association for the Advancement of Coloured People (NAACP). KNeoMedia said it will take advantage of this launch when promoting the sales of its own products.
Connect All Kids is a digital initiative aimed at assisting disabled, urban and special needs children with learning and development. The program will first be trialed in New York.
KNeoMedia’s share price is down 9.43 per cent today, currently sitting at $0.048.