Everloop, a social network for children under 13 years of age, has raised $3.1 million in funding from vFormation, Band of Angels, Envoi Ventures, Richard Chino, Wayne Goodrich, Deena Burnett-Bailey and additional investors.
Everloop wants to be the Facebook for kids under the age of 13. The site offers a private social network where parents can actually monitor the day to day activities of their children on the network. Everloop combines music, social games, videos, photos, animation, user-generated content and other experiences.
The startup prides itself on a high-level of security within the network, so parents can constantly monitor their child’s interactions on the site for foul language, bullying, inappropriate pictures and more.
The company is also adding Disney exec Sandy Barger as Chief Marketing
Officer, AOL’s Tobin Trevarthen as EVP of Business Development and Alan Goodman as Creative Advisor.
Everloop faces competition from Togetherville, which was recently acquired by Disney.
Targeting tween girls and boys ages 8 to 13, Everloop’s mission is to give tweens a protected space where they can connect with friends they know, express themselves, play games, collaborate on projects and discover talents. Everloop’s Social Loop, a loop of safety around kids’ connections, introduces state-of-the-art privacy protection and monitoring, keeping tweens from sharing more than they should with people outside their approved loops. Everloop’s user experience offers easy profile customization and realtime communications, including email, IM, chat...
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