Company description
TekTrak is the team behind innovative mobile security software that protects your phone and the valuable data stored within. By harnessing the powerful Assisted GPS hardware integrated in smartphones, TekTrak is insuring no one ever loses their phone and privacy again. What started out as frustrating experience of losing a phone with pictures and data, has now become a mobile tracking and security business. Our security application allows users to remotely locate their phone, lock it, send a message, set off an audible alarm, and remotely wipe the data from the device.
TekTrak is currently available on iOS and on Samsung Android-based devices, and will be available for other major platrofms within the next year.
Team
Arik Waldman, Chief Executive Officer – Arik has extensive experience in leading teams – as a NCO in the Israeli Defense Forces and as a Team Manager at the largest consulting firm in Israel, BDO Consulting. Arik’s experience (mostly with High-Tech companies) includes strategy, corporate finance, market research, financial instruments and more. Arik had accompanied (as part of the consulting firm) start-up companies from seed stage into successful IPOs. Arik has a B.A. in Business Economics from UCLA and an MBA from UCLA Anderson.
Luka Sklizovic, Chief Operating Officer – Luka is an experienced entrepreneur, who started and ran his own company, Imobilia LLC., which was involved in real estate development, and had businesses in the food service industry. Luka managed a team of over 50 people and oversaw all aspect of the operations within the Company. Through successful marketing and business development he has been able to grow the startup into a successful and profitable company. Luka has a B.A. in Finance from Emory University and an MBA from UCLA Anderson.
David Koenig, Chief Technology Officer – David has over 20 years of start-up experience, as a founder, CEO and CTO. These companies include, among others, ClickN’Kids, The Card Factory, Phoenix Color Corporation/Alpha System, and Interactive Television Networks (IPTV.OB). David specializes in building technology teams from the ground up.
Business model
TekTrak charges users a yearly fee for the full version of smartphone security, and we also provide a free version with a limited number of uses. Each use is considered one log-in session, during which the users can use all features. To get more uses, users can either upgrade to our Pro app ($4.99/year) or share the app with their friends. For every friend that downloads the application, the user gets one more free use.
Competitive advantage
TekTrak is highly focused on user experience and automation of our system. TekTrak uses a unique combination of push and pull technologies that allows user to instantly interact with the app, as well as have the app automatically check-in with the server. Our focus is on what the smartphone and tablet users need right now, and with our unique features we are able to offer the lowest pricepoint available for a comprehensive mobile security application.
Investors