Startups

KinderTown: app store for parents acquired by Lancaster’s Demme Learning

Demme Learning, an independent publisher of educational products, will take on KinderTown's team of two remote staffers, but founder Steve Welch will leave the company's operations to focus on DreamIt Ventures.

KinderTown founder Steve Welch will leave the company's operations to focus on DreamIt Ventures.

KinderTown, the app store for parents from DreamIt Ventures cofounder Steve Welch, was acquired by Lancaster-based Demme Learning for an undisclosed amount, TechCrunch reported. KinderTown had just under 400,000 users at the time of the acquisition, according to the report.

Demme Learning, an independent publisher of educational products, will take on KinderTown’s team of two remote staffers, but Welch will leave the company’s operations to focus on DreamIt Ventures.

“My focus right now is helping absorb the enormous growth we have seen at DreamIt over the last year,” Welch said in an email to Technical.ly Philly. “With each cycle the number and quality of application is increasing as our brand gets stronger.  I want to make sure we continue to capitalize on this opportunity.”

Welch added that he thinks it good for the region that KinderTown is staying roughly in the area, by way of a Lancaster acquirer.

Read the whole TechCrunch story here.

 

Updated 8/16/13 10:36 a.m.: A previous version of this article stated that KinderTown had just under 4,000 users when it was acquired. It had just under 400,000 users.
Companies: DreamIt Ventures / KinderTown

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

The man charged in the UnitedHealthcare CEO shooting had a ton of tech connections

From rejection to innovation: How I built a tool to beat AI hiring algorithms at their own game

How a laid-off AI enthusiast pivoted to become a founder — while holding down a day job

ZeroEyes lands major Temple partnership after multimillion-dollar raise

Technically Media