Kent State professors snag $7 million to expand company
January 9, 2012 by Bessie C. Munoz
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Kent Displays, a company founded by Kent State professors that produces a modern-day chalkboard called Boogie Boards, said today it has received $7 million in financing.
The capital, which includes $2 million in state loans and private investments, will be used to increase production of Boogie Boards and pad the company roster.
Kent Displays said it expects to hire 40 people to staff a second assembly line planned for the Boogie Boards.
The innovative Boogie Board allows users to write and erase messages on a screen the size of a sheet of paper.
“The Boogie Board LCD Writing Tablet is the first product of its kind in the world,” said Joel Domino, Kent Displays President and CFO. “It
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