Kidas and Overwolf Awarded Grant from the BIRD Foundation
Kidas, in Partnership with Technology Platform Overwolf, Recipient of Prestigious Grant to Advance Technology Solutions that Protect Children While Online Gaming
Kidas (“the Company”), a technology solutions company focused on developing anti-cyberbullying and predator protection software for online gaming platforms, today announced that the Israel-U.S. Binational Industrial Research and Development Foundation (BIRD Foundation) has awarded a grant to the Company to support its efforts to advance novel software designed to protect children from toxic and predatory behavior while gaming online. Alongside its partner, technology platform, Overwolf, which has previously invested in Kidas and integrated the protection software into its offering, the companies will use these funds to expand operations and advance key growth initiatives.
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“We are honored that Kidas has received this prestigious award and to be acknowledged alongside a number of well-known organizations developing technological solutions that aim to better society,” said Ron Krebs, CEO, Kidas. “We launched Kidas with the mission of protecting kids from toxic and predatory behaviors that are increasingly becoming common behavior in some online gaming communities. This recognition validates our business on an international level and supports the expansion of our efforts to establish an ecosystem that limits cyber bullies and criminals from preying upon kids.”
Kidas’ proprietary, AI-powered text and voice communication software, ProtectMe, is an advanced digital tool that alerts parents of online threats and allows them to shield their children from these activities. As the only cyberbullying and protection software available for children’s PC games, Kidas is the last line of defense against online predators trying to negatively impact kids’ gaming experiences. Developed by former national security and technology experts from the Israeli military, Kidas’ technology complies with U.S. privacy regulations, including COPPA and CCPA.
“Overwolf is a strong supporter of Kidas as we share a common goal of keeping gaming safe. As recipients of the BIRD Foundation grant, we will be able to further support Kidas in its goal to eliminate cyberbullying and protect children from toxic behavior while gaming online,” Avner Florenthal, VP of Business Development at Overwolf, commented.
With over 1,000 games supported, 98,000 creators, and 31 million monthly active users, Overwolf is the all-in-one platform that enables creators to build, distribute, and monetize in-game apps, mods, and private servers. Built for creators by creators, Overwolf is on a mission to unite the in-game creator community and empower them to make a living doing what they love – developing truly awesome gaming experiences. Overwolf will pay over $140M to in-game creators in 2022 alone.
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Dr. Eitan Yudilevich, Executive Director, the BIRD Foundation, added, “The selection of projects submitted to the BIRD Foundation includes a rigorous review process that looks for breakthrough innovations with the potential to deliver mutual benefits to both Israel and the U.S. Through its financial support, BIRD aims to foster innovation and promote further growth for the partners of the selected projects, which are developing tools that serve important needs.”
Supporting approximately 20 projects annually, the BIRD Foundation promotes collaborations between U.S. and Israeli companies in various technological sectors for joint product development. In addition to providing financial support, the Foundation works with companies to identify potential strategic partners and facilitate introductions. BIRD’s scope extends to a variety of industries, including agro-technology, communications, life sciences and healthcare IT, electronics, electro-optics, software, homeland security, renewable energy and other high-tech industries.
Since its inception in 1977, BIRD has approved more than a thousand of joint U.S.-Israel projects between companies of all sizes, including large companies in the U.S., such as ADM, American Red Cross, Applied Materials, Avaya, Bayer Pharmaceuticals, Bio-Rad Laboratories, Dell, Eastman Kodak, Finastra, General Dynamics, General Electric, Guidant Financial, IBM, Johnson & Johnson, KLA, Molex, Motorola, Procter & Gamble, SanDisk, Spansion, Texas Instruments, Trimble, Tyco and many others.
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