 k-ID Closes $45M Series A Funding

k-ID, a Singapore-based provider of a global compliance engine that simplifies online safety and privacy management for game developers, parents, kids, and teens, raised $45M in Series A funding.

The round, which brought the total amount to $51M, saw participation from Andreessen Horowitz (a16z) and Lightspeed Venture Partners, Konvoy, TIRTA, Okta, and Z Venture Capital from the Japanese tech leader LY Corporation.

The company intends to use the funds to expand operations and its business reach.

Founded by Kieran Donovan, Timothy Ma, Julian Corbett, and Jeff Wu, k-ID is a cross-platform, instant sign-on solution for kids and teens built as an answer for solving the complex issue of privacy and online safety for young players on a global scale. Game publishers integrating k-ID represent games and online experiences played by hundreds of millions of kids and teens each day around the world, including popular experiences from some of the world’s largest public and private gaming companies. The company also leverages insights from current and former regulators to maintain a dynamic youth compliance platform for game developers.

Furthering its affiliation and support within the industry, k-ID also announced a partnership with the ESRB Privacy Certified program. This partnership offers game publishers a way to leverage k-ID technology to help obtain the ESRB Privacy Certified Kids Seal.

FinSMEs
25/06/2024

k-ID Closes $45M Series A Funding

k-ID, a Singapore-based provider of a global compliance engine for online safety and privacy management in the gaming industry, has raised $45M in Series A funding. The round, which brought the total amount to $51M, saw participation from Andreessen Horowitz (a16z), Lightspeed Venture Partners, Konvoy, TIRTA, Okta, and Z Venture Capital from the Japanese tech leader LY Corporation. The company intends to use the funds to expand operations and its business reach.