Kidoz Raises $3.5M and Launches First Open Kids Content Discovery Platform
Coppa compliant children’s entertainment solution KIDOZ has recently managed to raise $3.5M in funding and is launching the KIDOZ Network, which is described as a safe kid’s environment using KIDOZ’ core proprietary technology. The platform will be used by over 40 leading device manufacturers and carriers, including the likes of 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 KIDOZ’ 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. The newly launched KIDOZ Network allows kids brands also to promote their content directly to millions of kids on the KIDOZ Network.
In support of this expansion, KIDOZ also announced that it has raised $3.5 million in new funding from Millhouse Capital owned by Roman Abramovich and CIG Capital. KIDOZ is set to open offices in New York and China in 2016.
“Our COPPA certified proven technology provides a much more engaging and personalized experience than traditional services, which are based mainly on age and gender and are therefore limited in their ability to provide truly relevant content recommendations,” said Gai Havkin, co-founder & CEO, KIDOZ. “Opening our platform enable us to bring this level of experience around content discovery to other kid apps while helping them build a sustainable business model without compromising on the experience and the values of their brands”