Lead image (l to r): Qustodio co-founders Josep Gaspar, Eduardo Cruz, Josh Gabel.
We are honored and excited to be welcoming the Qustodio team into our family,” added Family Zone’s managing director Tim Levy. “The bringing together of Qustodio and Family Zone will be seen in time as a turning point in online safety globally. The transaction is naturally subject to customary closing conditions and regulatory approval from the Spanish Government. Save most visited places and get notified when they arrive or leave those areas. Our combination will represent the creation of a truly global leader in online safety with unmatched scale and capabilities.” Locate your kids at any time Spot your child on the map and know where they have been with Qustodio Parental Control App. “This shared vision has led us to unite forces and bring game-changing unified approaches in online safety to the market. “Qustodio and Family Zone share the view of a better world where schools, parents, and children can work together to create safe and enriching online experiences,” commented Qustodio CEO Eduardo Cruz. The company counts some 4 million users benefiting from its octolingual services in over 180 countries, with telecom partner agreements in place in Spain, France, Singapore, Mexico, Japan, Brazil, and Chile. The acquisition will mark an exit for Qustodio investors Kibo Ventures and W8 Ventures.įounded in 2012, Qustodio provides both parents and educators with the ability to keep the great minds of tomorrow safe while online. With both companies operating in the same market of keeping kids safe(r) on the internet, the merger will see a combined force with greatly expanded capacity and geographical presence. Barcelona-based Qustodio has been acquired by Family Zone in a full buyout at $52 million.
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