, a subscription-based service that allows parents to monitor their children’s online activity in social networks in real-time, has completed an $8m round of funding
The investment was led by Battery Ventures, with participation from First Round Capital.
Founded in 2009 by Michael Clark and Geoffrey Arone and launched in May 2010, SafetyWeb identifies negative activity (such as cyber-bullying, cyber-stalking, a “friend” has been convicted of statutory rape) that could be harmful to the child and alerts parents.
SafetyWeb’s initial focus has been on activity taking place on social networks including Facebook, MySpace, Twitter, Bebo, etc and is currently developing to incorporate data from cell phones, gaming consoles, criminal background checks and geo-location services.
The service is also available as an iPhone application.
The Denver, CO-based company will use the new capital to expand its marketing and partnership efforts.