Smart Protection is a Spanish startup dedicated to combating online piracy and counterfeiting that has just raised €5.2M to accelerate the development of its AI technology applied to the protection of assets on the internet and its international expansion. The company has sold part of its shares to Nauta Capital., venture capital is pan-European.
Despite the creation of many payment platforms that are accessible to virtually all budgets, the Internet piracy is one of the main threats.
This is undoubtedly a very topical issue in corporate finance.
Smart Protection emerged in 2015 to solve the piracy and counterfeiting problems of those companies owning intellectual property rights. or industrial companies that distribute content or products online.
It does this by detecting and eliminating brand and product infringements on the internet.
First, it monitors the network by capturing and storing large amounts of information with big data processes. Next, it analyses the information by combining technology machine learning with cybersecurity experts. Finally, it eliminates breaches with processes LegalTech achieving more than 95% efficiency.
Specifically, through its automated processes combined with its agreements with Google and the main social networks, it removes links leading to pirated or counterfeit content within a few hours.
So far, it has de-indexed more than 11 million links on Google, thanks to the development of a worldwide technology platform capable of efficiently removing illegal content from the internet.
The intention of this start-up is to become the reference platform for anti-piracy on the Internet, and so far it already has clients in the following countries 18 countries in Europe, the United States and Latin America.
These clients include some of the most important audiovisual content distributors such as Warner Bros. Entertainment, NBCUniversal and Movistar+.
This firm also protects live broadcasts of football matches such as the Argentine Superliga and major brands such as McAfee.
Recently, it has sold part of its shares to Nauta Capital, pan-European venture capital, in a round of funding A series valued at 5,2M€, to accelerate its international expansion and the development of its AI technology applied to internet asset protection.
In addition to this new investor, previous investors have also participated, such as Wayra SpainJME Ventures, Bankinter (through the Startups programme of the Bankinter Innovation Foundation) and Big Sur Ventures.
It should be noted that Wayra Spainthe open innovation hub of Telefónicainvested in 2018 1,3M€ at 13 startups from blockchain, Internet of Things (IoT), cybersecurity, Artificial Intelligence, video and virtual reality.
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