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Everloop Secures US$3.1m In New Funding

The online social network, designed for children under 13 years of age, has raised $3.1m in funding. The private social network combines music, social games, videos, photos and user-generated content, and allows parents to monitor the day-to-day activities of their children. Everloop faces competition from Togetherville, which was recently acquired by Disney.

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