US age verification startup AgeCheq picks up $1M in Series A round
Age verification startup AgeCheq has raised $1 million in a recent Series A funding round. The Pennsylvania-based firm wants to reinforce its service that helps app developers comply with the regulations imposed by federal officials. The investors in this round were not disclosed, according to Re/code.
Nowadays, makers of apps that are being used by children 13 years old and below are regulated by stricter standards on information collection, parental consent, and notification about the data being collected about the child, the report explained.
Sixteen years ago, the Congress enacted the Children's Online Privacy Protection Act (COPPA). The Federal Trade Commission updated the act in 2012 for stricter rules on websites, and mobile apps that are popular with children. The updated rules were implemented last July, the report detailed.
AgeCheck belongs to the increasing number of firms that provide COPPA-focused verification services to websites and mobile app developers. The company creates software that can be used by the developers to comply with the new rules of COPPA, which now includes parental notification and verification, Re/code reported.