Athena Security announces multi-million funding round

Funding round - company growth at Athena Security

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Athena Security has announced the successful completion of a $10 million seed funding round led by its Founders, Lisa Falzone and Chris Ciabarra.

According to the company, this investment decision reflects the growing demand for advanced security solutions such as concealed weapons detection systems.

“In a market that doesn’t always align with our vision or valuation, we’ve chosen to take control of our destiny,” said Ciabarra, who is also Chief Technology Officer (CTO) of Athena Security.

“This round allows us to maintain focus on expanding our business, developing cutting-edge technology and delivering unparalleled security solutions to our clients.”

Weapons detection

Athena Security highlights that it has introduced patented features to its concealed weapons detection systems like “Evasion” detection, which uses AI to alert security teams when uncooperative patrons try to avoid the screening system.

Other features, like the “Voluntary” function, real-time photo alerts and a wide variety of integrations allow security teams to streamline processes and enhance compliance with Homeland Security Best Practices, Athena Security says.

“The new funding will be used to accelerate sales, product development, expand reach in new markets and strengthen customer support,” added Michael Green, CEO of the company.

“We are not deterred by market fluctuations,” concluded Falzone, who is also President of Athena Security.

“We believe in the value we bring to the table and are committed to building a long-term, sustainable business.

“This funding round is a testament to our confidence in the future of Athena Security.”

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