Hulafrog, Inc. partially closed on 70% of its non-brokered convertible promissory note offering. The company is looking for another 6 investors at most to close the financing within a year.
The company created a web platform to provide an exhaustive and local source of information for parents (and specifically for suburban mothers) about all things to do with (or for) their kids. The company enlists local publishers to manage, grow and publicize a local website to businesses and parents in the vicinity. Hulafrog’s main source of revenues is advertising. The company plans to grow nationally one locality at a time.
The Atlantic Highlands NJ based company was founded by Sherry Szydlik (CEO and President) and Kerry Massaro Bowbliss (Executive vice president) in February 2010.