Famigo announced today that it has closed on $1 million in a seed round of financing led by Silverton Partners, with participation from Zilker Ventures, Liahona Ventures and CapitalFactory.
Founded in 2009, Famigo has created a mobile phone application that lets families find kid-friendly content and restrict access to other mobile phone features on Apple iOS and Android mobile phones as well as the web. Famigo plans to use the financing to expand internationally and to expand its products.
“The mobile explosion has uniquely impacted families: kids are increasingly adept at using new technologies and parents suffer from an enormous responsibility to vet every purchase and experience,” Famigo CEO Q Beck said in a news release. “It doesn’t have to be that way: Famigo helps parents identify quality content, enforce their personal guidelines and better manage the mobile lives of their families. Silverton Partners’ investment validates Famigo’s technology as well as the business opportunity in solving the overwhelming frustration and concern parents feel around mobile technology and the family.”
For more on Famigo, please read this Silicon Hills News profile by Susan Lahey.
Leave a Reply