Don’t blame the kids. As kids spend more and more time on the internet and playing games, how do we keep them safe and on age-appropriate content?
Singapore-based k-ID just raised $45M in a Series A to solve that.
Investor check. Andreessen Horowitz Games and Lightspeed Venture Partners co-led the round. Okta, Z Venture Capital (owned by Z Holdings, a JV between SoftBank and Naver), as well as existing backers Konvoy Ventures and TIRTA Ventures also joined in!
🤯 This isn’t just for worried parents
There are growing regulations (and billions in fines slapped on) in the compliance space for gaming when it comes to children, so companies spend lots of time and $$$ on this problem!
So, here’s what they’ve built and what it means.
🎮 For developers and publishers
k-ID makes it simple and scalable for them to meet the compliance requirements of each market.
👶🏻 For kids
Kids can login with k-ID’s single sign-on (SSO)!
Without this solution, minors would not be able to use the app entirely (because of restrictions) or only be able to play after working around the process like parental scanning of ID cards.
👫 For parents
They can access a hub where they can control and see their kids’ digital time.
💰 What’s with the $$$?
They’ll keep building their platform’s capabilities!
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