• SafetyWeb Acquires iHound And myID, Pushes People-Centric Security Solution

    Monday, January 24th, 2011

    J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

    SafetyWeb is a Silicon Valley startup that until recently has focused on serving anxious parents who want to know what their kids are up to on the tubes. But they’ve been on an acquisition tear – Odojo back in July, and now two more small security startups – iHound Software and myID

    They aren’t disclosing the terms of either new deal, other than to say that each deal involves both cash and stock.

    The company is also on the verge of launching new products based on internal development as well as the stuff brought over from the three acquisitions. And they aren’t just focusing on child safety any longer.

    SafetyWeb cofounder Geoffrey Arone argues that device-centric security is becoming a commodity, and points to robust and free malware being offered by Microsoft for PCs and Sophos for Macs, as examples. Companies like Norton and MacAfee are squirming to get people to pay anything for their software.

    SafetyWeb is arguing that People-Centric solutions make better business models. People are concerned about online privacy, identity, reputation and safety today. There are niche products for each category, like Lifelock for identity and Reputation Defender for reputation. But no one has tacked all of these problems with a single subscription product. That’s where SafetyWeb is heading, says Arone.

    Company: SafetyWeb
    Website: safetyweb.com
    Launch Date: 2009
    Funding: $8.75M

    SafetyWeb develops cloud-­based, personal security products that help people protect their Privacy, Identity, Reputation and Safety.   SafetyWeb was founded in 2009 by Michael Clark and Geoffrey Arone.

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    Company: iHound Software
    Launch Date: August 1, 2007

    iHound Software has been acquired by SafetyWeb, www.safetyweb.com http://www.safetyweb.com/SafetyWeb-acquires-iHound-Mobile-and-myID SafetyWeb®, Inc. is the leader in cloud‐based personal security products, focusing on protecting the individual, not simply ones devices. SafetyWeb® uncovers online activity in real-time, analyzes online behavior, and identifies threats that could compromise one’s privacy, identity, reputation or safety . SafetyWeb® alerts parents via SMS or email if a child mentions drugs, profanity, cyber-bullying, depression, or custom categories set by parents. SafetyWeb® is integrated into hundreds of social web sites...

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    Company: myID.com

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