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Category: SocialMedia

Everloop, Facebook Counterpart for Kids, Lands $3.1 Million in Funds

Written on June 13, 2011 by Lulu

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Everloop, a social network site for kids, reached a $3.1 million funds from their investors.

A for children called has raised $3.1 million in from investors like vFormation, Band of Angels, Envoi Ventures, Richard Chino, Wayne Goodrich, Deena Burnett-Balley and others. The site offers a private social network where parents and guardians can monitor the activities of their kids on the Internet.

It also mixed up music, social games,videos, photos, animation and other experiences. So it could be considered as the counterpart for kids.¬†Everloop 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 competition against , another social networking site for kids, which was recently acquired by Disney.

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