S.F.-Based Alt12 Apps Raises $1.3M, Launches Social Network for Parents

San Francisco -- Alt12 Apps, a San Francisco-based publisher of social health apps, said on Tuesday it has raised $1.3 million in a new round of seed funding and launched Kidfolio, a social network and digital scrapbook designed for parents. Aydin Senkut's Felicis Ventures led the round, which also included participation from InterWest Partners and angels such as HealthTap founder Ron Gutman. This funding will help Alt12 Apps make Kidfolio the best social network for parents and expand the company's growing social health platform. "Social networks today have become so broad; it's no surprise that we're seeing an uptick in certain verticals for like-minded groups to connect around specific topics," said CEO Jennifer Wong. "Kidfolio fits this bill. It's educational and super fun -- a rich, immersive experience that's highly meaningful for the people using it." Kidfolio is currently available for the iPhone, and launching soon on Android and the web.
http://www.alt12.com
http://www.marketwatch.com/story/alt12-apps-raises-126m-in-funding-and-launches-social-network-for-parents-2012-04-17