Some of the World’s largest Mobile Network Operators see the SafeToNet technology as a means to protect millions of children online
SafeToNet is a spin-out of Telefonica’s Wayra Accelerator Programme and has received endorsement from a host of the largest telecoms companies. The Company has developed a World leading artificial intelligence system that detects and blocks cyber bullying, sexting, online abuse and aggression in real time.
The software is downloaded as a mobile app and uses highly sophisticated artificial intelligence and big data analytics to identify harmful content/social media profile and block these threats in real time before the damage is done, on any device and via any medium.
The technology is considered a significant innovation and the directors are not aware of any other Company that is able to identify and block harmful content in real time.
£16m EIS equity
HNWI, Family offices, Directors, Principals of West Hill
Both transactions oversubscribed, the first one by around 100%.
SafeToNet has agreed terms with major mobile Network Operators with the expectation that these deals potentially be finalised this year.