Securly, a San Jose, CA-based startup focused on keeping kids safe online, raised $16m in Series B financing.
The round, which brought total venture capital to date to $24m, was led by Defy Partners with participation from Owl Ventures.
The company intends to use the funds to accelerate further research and development in K-12 safety, and ramp up sales and support.
Co-founded by Vinay Mahadik and Bharath Madhusudan, Securly is a student safety company that provides Edtech safety solutions. Its Filter & Auditor products provide electronic monitoring, alerting & filtering solutions to thousands of school districts worldwide. In addition, the company has expanded its product suite to include Parent Portal, 24, Tipline, Classroom, and the Hub.
Its machine learning algorithms are constantly trained by safety specialists with safe and unsafe content, and when the algorithms flag new content as potentially disturbing, 24×7 student safety experts engage with the alerts to evaluate the fuller context behind the flagged activity, eliminate false alarms, and reach out to schools, parents or authorities as needed.
The company currently has over 2,000 paid school districts, and a similar number of districts using its free Chromebook filtering and email auditing services. It has over 500,000 parents on its parent portal, over 7 million total students served, over 5 thousand schools served.