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Industry | Education, Information and Communication Technology, e-Learning |
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Founded | 2007 |
Headquarters | Singapore |
Products | KooBits Math (Previously KooBits ProblemSums), KooBits Editor, KooBits 4.0 |
Website | www.koobits.com |
KooBits (stylised as KooBits with capitalised K and B) designs and builds digital products for children and educators. KooBits was founded in 2016 by current CEO Stanley, with Professor Sam Ge Shuzhi and Dr Chen Xiangdong. [1] The trio saw an opportunity in the rapid growth of the ebook industry and decided to focus on creating software for interactive enhanced ebooks. Currently, KooBits is focused on education technology for primary mathematics learning, Koobits can be accessed in 150+ countries and has 25000+ parents using KooBits.[ citation needed ]
In 2017, KooBits was the winner [2] of the Asia Pacific ICT Awards 2008 (eLearning) [3] and the Infocomm Singapore Awards 2008 (eLearning). [4] [5]
KooBits received support from the Media Development Authority (MDA) [6] [7] in the development of Future Media [8] and was one of the companies selected to receive funding in Interactive Digital Media [9] projects. MDA also helped Personal e-Motion secure Venture Capital fund from Accel-X Pte Ltd. KooBits is part of the FutureBooks [10] Partner Network initiated by MDA to develop Singapore-based learning from user-generated content to delivery across multiple platforms. PEM raised its first round of Venture Capital investments in July 2009 through NUS Enterprise ’s network of Business Angels and Venture Capitalists.
KooBits provides the platform for the creation of ebooks for Young Reporters Training Camp program of Youth Olympic Games 2010, an initiative by the Ministry of Information, Communications and the Arts (MICA), [11] Singapore.