PixyKids: $3 million to Menlo Park, CA-based PixyKids--$2 million from ATA Ventures and $1 million from a choir of angel investors. The startup is hoping to become "the" social media platform for kids ages six to 12; CEO and co-founder Rajul Kadakia calls it "a cross between Facebook and Disney." ("Social Network" meets "Finding Nemo"?) The market for a kid-friendly social network is pretty crowded with the likes of Imbee, Everloop, and KidZui already on the scene, notes Gigaom. Check out the press release for more info about the PixyKids team; further coverage from VentureBeat.
