SocialShield Obtains $10,000,000 Series A Funding Round

  • Feed Type
  • Date
    10/5/2010
  • Company Name
    SocialShield
  • Mailing Address
    Undisclosed San Bruno, CA 94066
  • Company Description
    The company operates an online child security monitoring service.
  • Website
    http://www.socialshield.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Rostampour said Social Shield plans to use its new-found capital to hire a CEO, but also to continue researching the needs of parents, online behavior and associated risks for kids, and to evolve the company’s algorithms and “alert engine” technology as kids begin to access social networks via mobile web, and to use features like Facebook Places or sites like Foursquare.
  • M&A Terms
  • Venture Investor
    Venrock
  • Venture Investor
    U.S. Venture Partners

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