StarNet Inteactive is a spinoff company of Gteko ltd, a company sold to Microsoft Corp in 2006. The company has raised $2.7 million in VC funding to date, and focused on growing Girlsense as a safe, free, ad-based social network for tweens aged 8-14. GirlSense has appoximately 13 million registered users and over one million unique visitors a month.
John Park, president and CEO of IAC Consumer Applications & Portal (CAP) said:
“Part of our growth strategy includes acquisition of products and companies that complement our core competencies. Adding Girlsense.com to our existing teen targeted product portfolio provides us with broader teen mindshare, and access to the coveted tween demographic.”
Girlsense is based in my hometown, Ra’anana and is led by founder and CEO Cathy Glazer.
Disclosure: I am an IAC employee and own shares of the company (IACI).
I'm a former general partner at google ventures, head of Google for Entrepreneurs in Europe and founding head of Campus London, Google's first physical hub for startups.
I'm also the founder of Techbikers, a non-profit bringing together the startup ecosystem on cycling challenges in support of Room to Read. Since inception in 2012 we've built 11 schools and 50 libraries in the developing world.
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