# Atar Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/atar-labs

- Industry: IT Security/Cybersecurity
- Headquarters: London, UK
- Website: www.atarlabs.io
- Total disclosed funding: $3M
- Latest round: Seed (Sep 22, 2017)
- Investors on record: 1

## About

Atar Labs specializes in innovative digital solutions, focusing on enhancing operational efficiencies through advanced technology applications, particularly in data analytics and cybersecurity.Founded in 2015, Atar Labs is headquartered in London, UK, and operates as an independent entity with no known parent or subsidiary companies. The company has undergone a strategic pivot towards digital transformation solutions. The founder has a history of entrepreneurship, although specific previous ventures are not disclosed. In July 2020, Atar Labs was acquired by Micro Focus International Plc, with financial terms undisclosed. The company has completed 2 deals and has raised a total of EUR 2.50 mn through its latest funding round, which was a Seed round led by Diffusion Capital Partners.Atar Labs provides a range of digital transformation solutions that include data analytics and cybersecurity services. Their offerings are tailored to improve business operations by enhancing data governance and compliance. The services cater to various sectors, ensuring that organizations can effectively manage and leverage their data.Atar Labs primarily generates revenue through subscription-based services, where businesses engage in B2B transactions to access advanced digital solutions. Revenue stems from both initial setup fees and ongoing subscriptions, designed to meet the needs of various organizations, from small enterprises to larger corporations.Although specific upcoming products have not been detailed, the company's recent acquisition by Micro Focus International Plc suggests an initiative to leverage broader resources for market expansion. Atar Labs is expected to focus on penetrating new markets in Europe and North America in the coming years, utilizing the recent funding from the Seed round to enhance their service offerings and operational capacity.

## Funding rounds

- Seed, Sep 22, 2017, $3M — Diffusion Capital Partners

## Investors

- Diffusion Capital Partners (https://capitalatlas.ai/funds/diffusion-capital-partners) — Seed