# Athena Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/athena-security

- Industry: IT Security/Cybersecurity
- Headquarters: Austin, US
- Website: www.athena-security.com
- Total disclosed funding: $5.6M
- Latest round: Seed (Jun 13, 2019)
- Investors on record: 2

## About

Based in the US, Athena Security, Inc. provides advanced security solutions through its innovative Weapons Detection System, enhancing safety in various public and private environments.Founded in 2017 by Christopher Ciabarra, Lisa Falzone, and Sowmitri Swamy, Athena Security, Inc. is headquartered in Austin, US. The company has completed 3 deals with its most recent deal occurring on August 1, 2024, when it raised USD 10.000 mn in SEED funding, bringing its total amount raised to USD 10.000 mn and current valuation to USD 44.193 mn.Athena Security specializes in advanced security solutions, with its flagship product being the Weapons Detection System (WDS), powered by CEIA OPENGATE. This technology integrates AI with best practices from the Department of Homeland Security to efficiently screen for a variety of threats while allowing non-threatening items to pass through. The WDS caters to various sectors, including educational institutions, healthcare facilities, and public venues, and is deployed across North America, Europe, and select regions in Asia.Athena Security generates revenue primarily through direct sales of its Weapons Detection System and related services to businesses and institutions. The company engages in B2B agreements that may involve one-time purchases or long-term partnerships for ongoing service, including installation, software updates, and maintenance contracts, structured to reflect the premium nature of its offerings.In August 2024, Athena Security, Inc. raised USD 10.000 mn in Seed funding aimed at expanding market reach and enhancing research and development efforts. The company is focused on launching new products and entering new markets, although specific product release dates and targeted geographic regions for expansion have not been disclosed.

## Funding rounds

- Seed, Jun 13, 2019, $5.5M — Founders Fund
- Seed, Jul 30, 2018, $0.1M — XFactor Ventures

## Investors

- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Seed
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed