Zeebo aims to “help the next billion play, learn and connect” and is building an interactive entertainment and education platform. The company originally planned a low-cost game console with affordable games and educational content delivered via wireless digital distribution to reduce piracy. That console strategy targeted developing markets including BRIC countries and Mexico. The company appears to have shut down its websites and operations in Brazil and Mexico and shifted focus to the new platform, which is slated to debut in 2012. Zeebo has raised $17 million in equity funding, according to an SEC filing. Leadership includes co-founders Mike Yuen and Reinaldo Normand; CFO and SVP Philip White and Yuen previously held senior roles at Qualcomm, and Qualcomm’s venture arm is a major investor.

Total raised

$17M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2011