Bark Technologies, an Atlanta, GA-based global leader in the digital safety space, closed a $30m Series C financing.
The round, which brings Bark’s total funding raised to date to $67 million, was led by Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, with participation from existing investors. This investment . Leon Chen, Managing Partner at Kayne Partners, will join Bark’s board of directors.
The company intends to use the funds to accelerate its international expansion, enable strategic global partnerships, and further position itself as a leader in the online safety space.
Founded in 2015 by Brian Bason to help families work together to navigate the dangers of an ever-changing digital world, today Bark helps to protect nearly 6 million children online at home and in more than 3,200 schools and districts in the U.S., Guam, South Africa, and Australia.
Using highly artificial intelligence, the company’s solutions alert families to concerning behaviors in a variety of categories, including cyberbullying, depression, suicidal ideation, violence, and online predation. Bark monitors more than 30 of today’s most popular social media platforms and apps, as well as text messages, images, videos, chats, emails, and files. Families can also create custom screen time schedules, block websites and apps, and receive location alerts when kids are on the go. It even detects the nuanced ways kids communicate online via slang and emojis – including country-specific language differences – to help parents better understand their children and detect crises often masked in teen/tween speak.
FinSMEs
02/06/2022