TLDR:
- k-ID, a global compliance engine for online safety, announced a $45 million Series A funding round.
- Backed by investors like Andreessen Horowitz and Lightspeed Venture Partners, the total funding raised to date is $51 million.
k-ID, a first-of-its-kind global compliance engine for online safety and privacy management targeted at game developers, parents, kids, and teens, recently closed a $45 million Series A funding round. The funding round was led by top investors such as Andreessen Horowitz (a16z) and Lightspeed Venture Partners. Other major supporters include Okta, Konvoy, TIRTA, and Z Venture Capital from the Japanese tech leader LY Corporation, bringing the total funding raised to $51 million. This funding follows k-ID being recognized as a World Economic Forum Technology Pioneer for 2024, highlighting its potential to transform industries and society.
k-ID’s mission is to provide privacy-preserving, youth-first technology to create safer and more empowering online experiences for the younger generation. The company has already established partnerships within the industry, including a collaboration with the ESRB Privacy Certified program to help game publishers achieve compliance and obtain the ESRB Privacy Certified Kids Seal. Founded by Kieran Donovan, Timothy Ma, Julian Corbett, and Jeff Wu, the team at k-ID brings together expertise from companies like Meta, Tencent, and Google with a focus on youth empowerment.
Investors such as Andreessen Horowitz and Lightspeed Venture Partners have expressed strong support for k-ID, recognizing the importance of online safety for kids and teens. The company’s innovative solutions aim to streamline challenges posed by regulatory requirements, offering a safer online environment for young users. k-ID is set to attend prestigious events like the Summer Davos and Games for Change Festival to share its pioneering ideas and solutions for youth safety in online gaming.
In conclusion, k-ID’s Series A funding, industry partnerships, and investor support underscore the company’s commitment to revolutionizing online safety and privacy management for kids and teens globally.
