Social Networking - Tuesday, February 12, 2008
Kid's Virtual World DizzyWorld Raises First Round
Former CNET chief Shelby Bonnie has led a $1M Series A investment in DizzyWorld along with Charles River Ventures. Bonnie is hooking up with a former report at CNET, Scott Arpajian who had founded Download.com, which was bought by CNET. Arpajian ran the business for a decade. Before launching Dizzyworld, he was VP of Product for Wallop Inc. for all of 7 months. He is joined by Sean Kelly who was a co-founder and CTO of Wallop.
Dizzywood is going after kids age 8-12. As with most other virtual worlds, the service is free but it will ad subscriptions to access premium content.
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