TLDR:
- k-ID, a global compliance engine for online safety and privacy in gaming, closed a $45 million Series A funding round.
- Backed by investors such as Andreessen Horowitz and Lightspeed Venture Partners, the funding will help set a new benchmark for age-appropriate gaming experiences.
Today, k-ID announced a $45 million Series A funding round, bringing the total raised to $51 million. The company specializes in creating safer online communities for kids and teens by focusing on privacy and safety solutions. This funding round was led by Andreessen Horowitz and Lightspeed Venture Partners, with support from other investors such as Okta and Z Venture Capital.
k-ID, founded by Kieran Donovan, Timothy Ma, Julian Corbett, and Jeff Wu, is dedicated to empowering youth and ensuring online safety. The company has been recognized as a Technology Pioneer by the World Economic Forum and has partnered with the ESRB Privacy Certified program to reflect COPPA-based requirements.
Investors such as a16z, Lightspeed, Okta, and Z Venture Capital see k-ID as a solution to the challenges faced by game publishers, parents, and kids worldwide. The team behind k-ID brings deep expertise from companies like Meta, Tencent, and Google, making it one of the fastest-growing startups in the world.
k-ID will be attending the World Economic Forum Annual Meeting in China and speaking at the Games for Change Festival in New York. The company’s goal is to provide age-appropriate and safe online experiences for kids and teens while empowering the next generation.
Overall, k-ID’s innovative approach to online safety in gaming has attracted significant investments and support from industry leaders, aiming to reshape the digital landscape for young players.
