Tech Company Financing Transactions
SocialShield Funding Round
On 10/5/2010, SocialShield secured $10 million in Series A funding from U.S. Venture Partners and Venrock.
Transaction Overview
Company Name
Announced On
10/5/2010
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
U.S. Venture Partners (Lead Investor)
Venrock (Lead Investor) (Brian Ascher)
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
Undisclosed
San Bruno, CA 94066
USA
San Bruno, CA 94066
USA
Phone
Website
Email Address
Overview
The company operates an online child security monitoring service.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Garrick
Chief Operating Officer
Noah Kindler
Browse more venture capital transactions:
Prev: 10/4/2010: Tap.me venture capital transaction
Next: 10/5/2010: Clear Catheter Systems venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs