SafeToNet
SafeToNet is a British cyber-safety (Internet safety) company with offices in London, San Francisco, Cologne and Toronto. The company uses Artificial Intelligence (AI) and behavioural analytics to help safeguard children by detecting threats such as cyberbullying, sextortion, abuse and aggression.
Type | Private limited company |
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Industry | Software |
Genre | Cyber Safety |
Founded | 2013 |
Founder |
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Headquarters | 1st Floor, 5–11 Lavington St, London SE1 0NZ, , |
Number of locations | 3 |
Area served | Worldwide |
Key people |
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Products | SafeToNet (MDM, AI, ICBS) |
Owner | Privately Owned |
Number of employees | 50 |
Website | safetonet |
History
SafeToNet Ltd. was founded by Richard Pursey, Sharon Pursey, Georgina Pursey, Jack Pursey and Ted Hailey in October 2013, and the products were first launched in July 2017. [1][2]
The SafeToNet Apps are available on both the Google Play Android and iOS stores.
In June 2018, SafeToNet acquires AI startup VISR, and raises $13 million Series A private placement led by London based venture capital firm, West Hill Capital.[3][4]
Awards and Recognition
Awards
- November 2016 - Pride of Reading's "Entrepreneur of the Year" to co-founder and CEO Richard Pursey[5]
- November 2016 - Winner of KPMG's "Best British Mobile Start-Up" competition for the South West England[6]
- November 2016 - SafeToNet wins BT Infinity Lab 'mobile innovation' competition[7]
- March 2017 - Winner of KPMG’s "Best British Mobile Start-Up" competition at Mobile World Congress in Barcelona[8]
- September 2017 - GoIgnite Global Call's "Consumer Experience AI" award [9][10]
- October 2017 - "Rising Star Award" by Women in Business to Co-founder Sharon for her work with SafeToNet[11][12]
- November 2017 - Thames Valley Business Magazine Awards for "Best Use of Technology"[13]
Recognition
- March 2017 - Featured in RealBusiness publication's "The 50 most disruptive UK companies in 2017: The Future 50"[14]
- April 2017 - LEO Podcast interview with founder of SafeToNet Richard Pursey[15]
- June 2017 - Featured in Businesscloud UK's "101 tech start-up disrupter's list" for 2017[16]
- October 2017 - the company and products are featured by BBC Berkshire[17]
- November 2017 - the company and its products are featured in BBC's Technology focussed television programme Click.[18]
- Recognised by Cisco as one of the UK and Ireland's top 50 cyber security start-ups (the Cisco50 programme)[19]
- February 2018 - SafeToNet won the GSMA D-Lab competition cyberbullying prevention software[20]
- Live Radio Interview with Shelagh Fogarty on LBC - What approach should we take to protecting young people online[21]
- SafeToNet is one of 5 companies worldwide to be a member of the Go-Ignite accelerator (a consortium of Deutsche Telekom, Telefonica, Singtel and Orange)[20]
Funding Rounds
- SafeToNet has raised a total of $16m in funding over 4 rounds. Their latest funding was raised on June 2018 from a Series A round.[23]
- June 2018 - Series A - $13M West Hill Capital Early Stage Venture Private Equity Firm, Venture Capital in EU [23]
- Nov 2016 - Non Equity Assistance - Pitch@Palace Non Equity Assistance and Entrepreneurship Programs in EU [23]
- Feb 2016 - Seed Round - £3M in capital and resources from Swiss-based investment firm DuKlaw Ventures[24]
Relationship between the SafeToNet Foundation and SafeToNet Ltd.
SafeToNet Foundation is a registered UK charity, SafeToNet Ltd is a commercial enterprise and funds the SafeToNet Foundation. Both are concerned with safeguarding children in the Digital Context. While SafeToNet does this using technology and Apps for the iOS and Android platforms to intervene at a moment of online risk, the SafeToNet Foundation does this through education, information, finding projects and research, and aims to reduce the number of moments of online risk from happening in the first place. The SafeToNet Foundation also works with subject matter experts to rehabilitate any victims from cyber-abuse.[25]
References
- "Tech Pitch: SafeToNet | Startups.co.uk". Startups.co.uk: Starting a business advice and business ideas. 2017-07-25. Retrieved 2017-11-20.
- "IT LIFE: Richard Pursey, SafeToNet CEO". Silicon UK. 2017-08-16. Retrieved 2017-11-20.
- "SafeToNet acquires AI startup VISR". Retrieved 6 March 2019.
- "SafeToNet Raises $13m Series A Private Placement". West Hill capital. May 2018. Retrieved 7 March 2019.
- Slevin, Jennie (2016-11-06). "Pride of Reading entrepreneur award goes to dad making web safe". getreading. Retrieved 2017-11-20.
- "Winner of the KPMG best mobile app competition (South) announced -TechSPARK.co". techspark.co. Retrieved 2017-11-20.
- "BT Infinity Lab winners". BT website. Retrieved 7 March 2019.
- "KPMG crowns SafeToNet Best British Mobile Startup 2017". KPMG. 2017-03-01. Retrieved 2017-11-20.
- "SafeToNet wins Go Ignite global search for start-ups | Wayra". Wayra. 2017-09-13. Retrieved 2017-11-20.
- "Global Call – Go Ignite". www.go-ignite.com. Retrieved 2017-11-20.
- "SafeToNet's Sharon Pursey captures the Women in Business Rising Star award | Wayra". Wayra. 2017-09-22. Retrieved 2017-11-20.
- "Winners for the Women in Business awards 2017 #WIB17". womeninbusiness.biz. Retrieved 2017-11-20.
- "The Thames Valley Business Magazine Awards 2017 Winners". businessawards.co.uk. Retrieved 2017-11-20.
- "The Future 50: The 50 most disruptive UK companies". Real Business. 2017-03-27. Retrieved 2017-11-20.
- Hayley, Nast. "How SafeToNet is Leveraging Artificial Intelligence, Big Data Analytics and Deep Learning to Keeping Children Safe on Internet and Social Media". Leading Edge Only. Retrieved 7 March 2019.
- "Business Cloud 101 Tech Startup Disruptors List". UKFast. Retrieved 20 November 2017.
- "App shows suspect phone use to parents". BBC News. Retrieved 2017-11-20.
- Click - Made in China, retrieved 2017-11-20
- Ventures, SafeToNet and DuKlaw. "SafeToNet Secures Growth Investments From DuKlaw Ventures". www.prnewswire.com. Retrieved 2017-11-20.
- "Top 10 Tech Companies to Watch in 2018". Techround. Retrieved 5 March 2019.
- Fogarty, Shelagh. "What approach should we take to protecting young people online?". LBC. Retrieved 6 March 2019.
- FinSMEs (2018-06-04). "SafeToNet Raises $13m Series A Funding; Acquires Visr". FinSMEs. Retrieved 2020-04-14.
- "SafeToNet Funding Rounds". Crunchbase. Retrieved 6 March 2019.
- "Reading cybersecurity company gets £3m from Swiss investment firm". UK Tech News. Retrieved 5 March 2019.
- "SafeToNet Foundation Supporting initiatives focusing on safeguarding children from risks online". SafeToNet Foundation. Retrieved 2019-03-07.