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§ Private Profile · Palo Alto, CA, USA
Software developer creating smart location and tracking technologies for wearable devices and IoT applications, focused on personal safety.
Athentek is a Taipei, Taiwan-based technology company that develops smart location tracking algorithms and security applications for wearable devices and the broader Internet of Things ecosystem. The enterprise operates a business-to-business software licensing and platform-as-a-service model, providing indoor and outdoor positioning systems that integrate GPS, Wi-Fi, and cellular data for hardware manufacturers and global telecommunications operators. In addition to its enterprise software offerings, the organization previously launched its own consumer hardware, including a dedicated wearable tracking solution for children and pets marketed under the Circo brand. Prior to officially ceasing operations and reducing its active employee count to zero, the firm secured a $7 million strategic investment from Foxconn in 2016 to scale its hardware manufacturing and tracking capabilities. Athentek was founded in 2013 by company co-founder CN Chen and chief executive officer Yi-Hsiu Wang.
Athentek has raised $7.0M across 1 funding round.
Athentek has raised $7.0M in total across 1 funding round.
Athentek has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Series A in February 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 19, 2016 | $7M Series A | Foxconn | Csvi Capital, MediaTek, Testrite Group | Announced |
Athentek has raised $7.0M in total across 1 funding round.
Athentek's investors include Foxconn, CSVi Capital, MediaTek, Testrite Group.