Kidoz, a Tel Aviv, Israel-based children’s entertainment solution, raised $3.5m in funding.
Backers included Millhouse Capital (owned by Roman Abramovich) and CIG Capital.
The company will use the funds to expand globally. It is set to open offices in New York and China in 2016.
Led by Gai Havkin, co-founder and CEO, Kidoz provides a COPPA compliant children’s entertainment solution for kids to find content. The company is launching the KIDOZ NETWORK and opening its platform to kid’s brands and app developers based on Kidoz’ core proprietary technology which was available until now only on the KIDOZ Mode, a safe kid’s environment used by over 40 device manufactures and carriers, including Acer, Hisense, Polaroid, US Cellular, Deutsche Telekom, KURIO and more, to power the kids content discovery experience for their users.
Through the new KIDOZ NETWORK, app developers can embed the company’s technology as a content recommendation tool inside their apps to increase engagement and generate revenue in a kid-safe way without ads or in-app purchases and promote their content.
FinSMEs
10/12/2015