Help for digital start-ups
The German media company Hubert Burda Media participates in an Israeli start-up fund.
Whether they have a smartphone, a tablet or an ordinary PC, children today grow up with the New Media. They are digital natives, people who have always been involved in increasing digitization and are fully conversant with the various techniques.
On the one hand this is a good thing. On the other, however, limitless access to information and files increases the risk of children accessing unsuitable content. The Israeli start-up KIDO’Z has developed a form of parental control for digital applications: a special web browser, for example, which parents can adjust individually for their child and determine what content is available and what are not.
The start-up was backed by a cash injection from an Israeli venture capital fund called lool ventures L.P., which invests in digital start-ups from Israel that serve the global market with highly innovative business models. This fund’s biggest investor is now DLD Ventures, an affiliate of the German media group Hubert Burda Media. lool ventures is involved in many projects in addition to the digital parental control system, for example in Tonara, a tablet app aiming to permanently change the market for sheet music.
The venture capital fund is also investing in the text-to-video service Wibbitz, a mobile payment service called Zooz, and MyPermissions, which administers access rights to personal data using apps and services. ▪
