Canadian streaming service Kidoodle.TV has received an equity investment from Calgary-based TriWest Capital Partners, bringing the total value of its fundraising efforts to about $80 million.

The deal values the company, owned by Calgary-based A Parent Media Co. (APMC), at about $601 million and brings TriWest managing director Jon Spencer onto its board of directors, Dino DeLuca, COO of TriWest Capital Partners, tells Playback Daily.

Available in more than 160 global markets, Kidoodle.TV targets kids ages 12 and under with a curated content platform offered in three tiers: non-registered AVOD, registered AVOD and SVOD. It emphasizes safe content, healthy screen habits and age-appropriate shows and advertising.

Content offerings on the platform include popular franchises such as Paw Patrol, LEGO, Peppa Pig, Mr. Bean and Winx Club. Earlier this year, the streamer launched an ad-free content subscription service accessible via the interactive toy robot Miko 3.

This story originally appeared in Kidscreen

With files from Playback