Feb. 5, 2013
/PRNewswire/ -- Golden Seeds, including Golden Seeds Innovate NY Fund, led a
Series C financing for Little Pim Corporation, the award-winning foreign language learning company that introduces young children to a second language via its core DVD and digitally downloadable multi-media series.
Little Pim was founded by CEO
, daughter of the language-teaching pioneer, Dr.
, who created the Pimsleur Method®. The Little Pim series, available in 12 languages, features the proprietary Entertainment Immersion Method®. This 6-part video series teaches kids 360 words and phrases and is sold directly through the company's web site; via digital download; in specialty retail stores and mass merchants in the U.S and in 17 countries.
The importance of introducing language to children before the age of six cannot be underestimated.
explains: "Research shows that young children are hard-wired to easily learn up to three languages. Learning a second language is a great workout for the part of the brain which handles memory, multi-tasking and other skills associated with intelligence. This Funding allows us to create new digital products and raise brand awareness via increased marketing."
, Managing Director,
, who co-led the financing and joins the company's board, comments, "Little Pim's products are educational and entertaining, allowing young children to start learning a second language and preparing them to take part in the global economy."
About Little Pim
is a language education and entertainment company that has developed a proprietary system of teaching second languages to children ages 0 to 6, the age that studies have shown children learn best. Little Pim, a leader in its field, is the winner of 25 consumer awards.
About Golden Seeds
' angel network, the fourth largest in the US, consists of 262 men and women. Its venture capital group has more than
under management. Golden Seeds Innovate NY Fund LP is part of a
equity fund established by the Empire State Development Corporation to provide
startup and seed stage businesses with capital to support innovation and job creation. The
in State funds and
from Goldman Sachs will leverage over
in private investment for
, +1-888-629-6774 x561,