Student safety provider Securly to be acquired by Golden Gate Capital
Golden Gate Capital, a private equity investment firm, has agreed to acquire Securly, the Silicon Valley-based student safety provider, according to a statement.The company will continue to be led by co-founder and chief executive officer Bharath Madhusudan.Securly is a an end-to-end student safety platform designed to help students and children to surf the web. Its cloud-based web-filter can detect cyberbullying and self-harm behaviors, enabling teachers and parents to control and track websites used by students on school computers.It claimed to have served more than 10 million students globally across 2,500 K-12 school districts.Its existing investors include Defy Partners, Owl Ventures and Securly co-founder Vinay Mahadik.