# Falanx AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/falanx

- Industry: Semiconductors
- Headquarters: London, UK
- Website: www.falanxgroup.com
- Total disclosed funding: $3M
- Latest round: Series A (Apr 1, 2004)
- Investors on record: 2

## About

Falanx AS is a London-based company specializing in cybersecurity and intelligence services, focused on providing comprehensive solutions to protect clients from emerging threats.Falanx AS offers cybersecurity and intelligence services designed to safeguard organizations from various threats. Founded in the UK, the company is headquartered in London. Mike Read currently serves as the CEO. In June 2006, Falanx AS was sold to ARM Holdings for an undisclosed amount. The company has raised a total of USD 3.00 mn through its LATEST ROUND, which was a Series A, with investments from Alliance Venture and Selvaag Invest.Falanx AS specializes in delivering advanced cybersecurity solutions to help businesses mitigate risks associated with data breaches and cyber attacks. Their offerings include threat intelligence, vulnerability assessments, and tailored security services aimed at enhancing organizational resilience. The company supports clients by providing a range of protective services and a robust framework to ensure ongoing security compliance.In 2023, Falanx AS reported a revenue of USD 4,570,258.20 with an EBITDA of USD -684,377.70, indicating the company’s current financial performance amidst its operational challenges.Falanx AS is planning to enhance its service offerings by developing new cybersecurity products targeted for release in the upcoming year. The company aims to expand its market reach into Europe and Asia by 2025, utilizing the recent funding from its Series A round to support these initiatives. The growth strategy includes strengthening technological capabilities and increasing market penetration to better serve clients globally.

## Funding rounds

- Series A, Apr 1, 2004, $3M — Selvaag Invest, Alliance Venture

## Investors

- Selvaag Invest — Series A
- Alliance Venture (https://capitalatlas.ai/funds/alliance-venture) — Series A