San Bruno, Calif. – SocialShield, the provider of a service
that lets parents monitor kids’ social networks use, announced on Tuesday that
it has raised $10 million in its first round of venture capital financing, led
by Venrock and U.S. Venture Partners.
Angel investors including Russell Fradin,
Larry Braitman, George Garrick, Craig Sherman and Rick Thompson also
participated.
San Bruno, Calif.-based SocialShield launched in June, offering
parents a means of monitoring their kids on Facebook, MySpace, Twitter and
other social sites.
The service, which costs $5-$10 per month, alerts parents
to cyberbullying and flags comments pertaining to suicide, drug use, and sexual
activity.
Related Links:
http://tinyurl.com/25n6ugv
http://www.socialshield.com
