SocialShield Obtains $10,000,000 Series A Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c484409-22b6-4b2b-b881-a1c6c14f2c01&Preview=1 -
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
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Venture Investor
Venrock -
Venture Investor
U.S. Venture Partners
