The Internet has given rise to new opportunities almost in every field of business. However, it has its own drawbacks like cybercrime, where computers are used for various types of thefts and crime. On average, a cyber attack costs small businesses $53,987 or it can reach millions for medium or large companies.
New portfolio company NETi solves increasing digital threats with simple plug and play products with one-click features. The company offers Internet and data safety digital solutions for all types of businesses and private users, primarily parents.
»We are already negotiating with telcos in Macedonia and Kosovo and testing our products with large corporations in Macedonia such as ELEM A.D. and Ecolog International. NETi is already generating revenues and we are in the final phase of closing contracts with more clients. At NETi, we are thrilled about the partnership with SCV. The investment will allow us to enlarge the team and accelerate the expansion of the company in the region« says founder and CEO Bujar Abdulai.
The next step for NETi
NETi plans to introduce new features and products complementary to the existing solutions. Currently, the team is focusing on AI technology for internet and data safety. The first implementation of this technology will be a performance management tool, which will track, analyze and process device behavior, traffic history, communication patterns and similar to prevent threats in promptly manner.
The company’s founders are seasoned professionals with diverse backgrounds. The innovation-driven and the internationally awarded team is led by the CEO Bujar Abdulai, an executive with experience and in-depth knowledge in the Telco industry. He is working side-by-side with Muxhait Ljushi, the company’s CTO, who has more than 20 years of experience in the IT industry and has successfully managed more than 50 IT projects.
The partnership with South Central Ventures
»At South Central Ventures, we recognize the importance of internet and data safety for any business. NETi’s team has convinced us with 20 years of professional experience in the IT industry and passion for simplifying the user experience in an otherwise complex field of protection against digital threats. We are looking forward to building a successful business around their solutions and help digitally protect companies on a number of different markets” says Tatjana Zabasu, Managing Partner at South Central Ventures.