TLDR:
- k-ID, a Singapore-based provider of online safety and privacy management for game developers, parents, kids, and teens, raised $45M in Series A funding.
- The funding round was led by Andreessen Horowitz and Lightspeed Venture Partners.
In a recent article published on June 25, 2024, k-ID, a Singapore-based company, announced that they have successfully closed a $45M Series A funding round. This brings their total amount raised to $51M, with notable investors such as Andreessen Horowitz and Lightspeed Venture Partners participating in the round. The company, founded by Kieran Donovan, Timothy Ma, Julian Corbett, and Jeff Wu, offers a global compliance engine that simplifies online safety and privacy management for game developers, parents, kids, and teens.
k-ID’s cross-platform, instant sign-on solution for kids and teens aims to address the complex issue of privacy and online safety for young players on a global scale. The company works with game publishers who represent games and online experiences played by millions of kids and teens worldwide. k-ID also leverages insights from regulators to maintain a dynamic compliance platform for game developers.
As part of their growth strategy, k-ID plans to use the funds to expand operations and business reach. They have also announced a partnership with the ESRB Privacy Certified program, which allows game publishers to leverage k-ID technology to obtain the ESRB Privacy Certified Kids Seal. This partnership further solidifies k-ID’s position within the gaming industry and highlights the importance of online safety and privacy for young players.
