New Venture-Backed Publisher Expands Global Presence via Talent, Tech, and Game Acquisition
TEL AVIV, Israel – May 23, 2014 – Today top children’s app publisher TabTale announced the acquisition of Coco Play Limited, a Hong Kong and China-based developer of educational apps and games for kids. The deal enables TabTale to establish a presence in China and reach a wider global audience. TabTale will also be joined by Coco Play’s team, and add its two million monthly active users to TabTale’s existing 25 million. TabTale raised $12 million in Series B funding in October 2013, and continues to seek expansion opportunities around the globe in order to enrich its app offerings and grow in new markets.