“Instagram for Kids” Kuddle kicks off funding drive

“Instagram for Kids” Kuddle kicks off funding drive

11 JUN 2015

Kuddle, a Norwegian start-up offering a safe picture-sharing app aimed towards children, took to crowdfunding site Fundable in its efforts to raise $1.35 million.

The company said that while it is “extremely popular” in its home market of Scandinavia, it has also enjoyed success in the social network category in the UK and Brazil, “in competition with the likes of Instagram, Twitter and Facebook”.

“We are ramped up for the Asian market and have lined-up Japan, Vietnam, South Korea and Thailand, so this round will mainly be used to initiate our launch there and continue our healthy growth of users,” said Ole Vidar Hestaas.

The new funding round values the company at $4.5 million before the issue of new shares.

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Steve Costello

Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist...More

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