Startup Speakaboos offered its users subscription-based products for children interactive storybooks. Today, the company announced that it had received in seed and series A funding. The new investment was valued USD6.2 million from [212]MEDIA, Advancit Capital, Kyowon Group, Gerald Hughes and Rick Segal.

Speakaboos was established and launched online in 2009. The company was first nurtured by [212]Media, a New York-based firm that invests and develops startups. The close ties of both companies had leveraged to other media companies in New York.

Neal Shenoy, [212]Media's founding partner said that his company typically funds the first USD2 to USD3 million in a business. In this case, it invested USD2 million in a convertible note to Speakaboos. In early 2012, the company closed Series A funding which had been extended just a few months ago. Last month, the company also launched its iPad application and planned to offer it to Android users by September.