Wednesday, March 22, 2017
Pocketwatch Picks Up $6M For Kids Media Brand
Culver City-based Pocketwatch, a startup media brand focused on creating and acquiring content for kids, has raised $6M in a Series A funding round. The funding was led by Third Wave Digital, and also included Les Moonves (CBS ), Jon Landau (Avatar & Titanic), United Talent Agency (UTA), Robert Downey Jr. (Downey Ventures) and Chris Jacquemin (WME). Pocketwatch says that it creates, acquires, distributes and curates content for kids age 2-11. Chris M. Williams is the CEO and founder of Pocketwatch, who says the company's mission is to "create the ultimate headquarters for kids". The company will use the funding to build out media channels on YouTube and elsewhere, plus develop its own franchises and attract "creator partners".