Aura Secures $140M to Advance Digital Safety for Families
In a significant milestone for digital safety technology, Aura, a Boston-based AI-enabled digital protection platform, has successfully closed its Series G funding round, securing $140 million in equity and debt. The round, initially closed in August 2024, was led by Ten Eleven Ventures and Madrone Capital, with strategic participation from AT&T Ventures and continued support from existing investors including General Catalyst, Warburg Pincus, and Accel.
The company's comprehensive approach to online protection goes beyond traditional cybersecurity measures. By collaborating directly with child psychologists, Aura has developed sophisticated tools designed to shield families from the negative impacts of digital technologies. The platform offers a multifaceted solution that addresses several critical digital safety concerns:
Comprehensive identity theft protection with $1 million in insurance for adult members
Advanced parental controls including screen time management
Real-time alerts about potential cyberbullying and online predators
Integrated services like credit monitoring, spam call protection, password management, and antivirus software
Alex Doll, founder and general partner of Ten Eleven Ventures, emphasized the platform's unique value proposition: "Aura's innovative and comprehensive approach to online digital health and safety clearly positions it as a leader in protecting families in our increasingly connected world."
The funding comes at a critical time, with researchers highlighting established links between cyberbullying and significant mental health challenges among adolescents. Aura's approach represents a proactive response to these growing digital risks, offering parents and caregivers sophisticated tools to support their children's online well-being.
This round marks a pivotal moment for Aura, following its separation from Point Wild in May 2024. The company plans to use the new funding to further expand its intelligent safety features, continuing its mission to provide comprehensive digital protection for families in an increasingly complex online landscape.
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