Everloop, a social network for children under 13 years of age, has raised $3.1 million in funding from vFormation, Band of Angels, Envoi Ventures, Richard Chino, Wayne Goodrich, Deena Burnett-Bailey and additional investors.
Everloop screenshots:
Everloop wants to be the Facebook for kids under the age of 13. The site offers a private social network where parents can actually monitor the day to day activities of their children on the network. Everloop combines music, social games, videos, photos, animation, user-generated content and other experiences.
The startup prides itself on a high-level of security within the network, so parents can constantly monitor their child’s interactions on the site for foul language, bullying, inappropriate pictures and more.
The company is also adding Disney exec Sandy Barger as Chief Marketing
Officer, AOL’s Tobin Trevarthen as EVP of Business Development and Alan Goodman as Creative Advisor.
Everloop faces stiff competition from Togetherville, which was recently acquired by Disney. Disney operates Club Penguin, a very popular social network for young kids.
Online social gaming sites like Nicktropolic are Elf Island also very popular, but require a lot of supervision by parents.
COMMENTARY: Social networks for kids are the rave and gaining a lot of ground lately with the launch of Everloop, Club Penguin, WhatsWhat?.me, GiantHello, Skid-E-Kids, Togetherville and Embee and Moshi Monsters, and it could be the reason why Facebook is losing users. In fact, Skid-E-Kids dubs itself as the Facebook and MySpace for Kids. Watchout Zuck.
Kids social networks offer the social networking experience, along with gaming and projects. Since these sites cater to kids under twelve, they must meet Children's Online Privacy Protection Act (COPPA), the "kids safe" requirements of the Federal Trade Commission, the consumer protection agency of the federal government.
Courtesy of an article dated June 12, 2011 appearing in TechCrunch and an article dated October 11, 2010 appearing in Mashable
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