Wi-Fi Securities Limited
Sector: Technology and the Internet of Things
Total Fundraise: £5 million
Available Investment: £3.5 million
Wi-Fi Securities has developed an innovative IP protected system called SpriteGuard™. The SpriteGuard™ system:
- Protects the security of Wi-Fi systems for users and the Internet of Things.
- Performance monitors Wi-Fi systems.
- Provides data for spatial analytics and smart building monitoring.
The SpriteGuard™ system scans and detects all Wi-Fi networks within the surrounding area and all devices connected to them (mobile phone, laptop, tablet, etc.) for illegitimate Wi-Fi networks. If a device accidently connects to a rogue network SpriteGuard™ stops the connection being made and redirects the device to the correct and legitimate Wi-Fi network.
SpriteGuard™ also provides a range of monitoring systems that gather vital data and analytics for the Wi-Fi provider to be used in smart buildings, to enhance security or improve the customer experience.
Norcliffe Capital has raised £1.5 million on behalf of Wi-Fi Securities. The Company is seeking a further £3.5 million to take SpriteGuard™ from its minimal viable product to final product, through CE mark and into the market by early 2022.