# Attila Security

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

- Industry: IT Security/Cybersecurity
- Headquarters: Columbia, US
- Website: www.attilasec.com
- Total disclosed funding: $4.3M
- Latest round: Series A (Feb 17, 2021)
- Investors on record: 6

## About

Attila Security, Inc. is a cybersecurity firm based in the US, specializing in advanced encryption and secure communication solutions that protect sensitive data across multiple platforms.Founded in 2018 in Columbia, US, Attila Security, Inc. focuses on cybersecurity solutions. In July 2021, the company was acquired by ID Technologies, LLC, which has strengthened its position as a provider of Commercial Solutions for Classified (CSfC) enterprise solutions. The company has completed a total of 5 deals, with the latest funding round being a Series A that raised USD 1.00 mn from Old Line Capital Partners. The CEO of the firm is Gregg Smith.Attila Security specializes in cybersecurity solutions that protect sensitive data and ensure secure communication across various platforms. Their core offerings include advanced encryption technologies and secure communication tools tailored for businesses requiring stringent data protection, particularly in sectors like healthcare, finance, and government. The company serves a diverse clientele, including enterprises and government institutions, primarily in North America and Europe, who seek reliable solutions for data integrity and confidentiality.Attila Security generates revenue through a subscription-based model that allows clients to access cybersecurity services on a recurring basis. Contracts are typically made directly with businesses, where they purchase licenses for software solutions bundled with ongoing support and updates. The pricing structure includes tiered subscription plans based on user numbers or service levels, ensuring flexibility for different organizational sizes. Their revenue model heavily relies on flagship products, such as proprietary encryption software, which are essential for maintaining data security.Following the acquisition on July 15, 2021, Attila Security plans to leverage its resources to enhance its product offerings and expand into new markets. The company aims to develop new cybersecurity products to address the evolving needs of its clients. This will include targeting specific regions for market expansion through enhanced marketing strategies and partnerships by 2023. The recent funding from the Series A round will support these initiatives, enabling Attila Security to strengthen its market presence and deliver innovative cybersecurity solutions.

## Funding rounds

- Series A, Feb 17, 2021, $1M — Old Line Capital Partners
- Series A, Mar 9, 2020, $0.8M — Bull City Venture Partners, Blu Venture Investors, Maryland Venture Fund
- Seed, Oct 31, 2018, $2.5M — Bull City Venture Partners, DataTribe, Maryland Technology Development Corporation

## Investors

- Bull City Venture Partners (https://capitalatlas.ai/funds/bull-city-venture-partners) — Seed, Series A
- DataTribe (https://capitalatlas.ai/funds/datatribe) — Seed
- Maryland Technology Development Corporation — Seed
- Blu Venture Investors (https://capitalatlas.ai/funds/blu-venture-investors) — Series A
- Maryland Venture Fund (https://capitalatlas.ai/funds/maryland-venture-fund) — Series A
- Old Line Capital Partners (https://capitalatlas.ai/funds/old-line-capital-partners) — Series A