Software Development
AtomBeam Achieves $3 Million Milestone On StartEngine
By GlobeNewswire
Share
AtomBeam successfully reached its campaign maximum of $3 million, marking a major achievement in its mission to revolutionize data transmission and storage.
Los Angeles, CA, Dec. 27, 2023 (GLOBE NEWSWIRE) -- AtomBeam, a leading provider of edge data efficiency solutions, is pleased to announce a significant milestone in its fundraising campaign on StartEngine. The company has successfully reached its campaign maximum of $3 million. The world is waking up to a technology that can fundamentally change how every machine communicates, and the deeply experienced, top quality people who can make it real.
AtomBeam's innovative technology, which reduces machine data an average of 75% in near real time, quadrupling the effective bandwidth of existing connections with software alone, has garnered significant attention and support from investors. The company's success in maxing out its capital raise, reaching the $3 million mark on StartEngine with a waitlist of over $2 million is a testament to the confidence and belief that the investment community has in AtomBeam's groundbreaking solutions.
"I can’t express how critical this funding is to making the incredible data efficiency products of AtomBeam a reality," said Charles Yeomans, CEO of AtomBeam. "The overwhelming support from our investors highlights the immense potential of our technology and its ability to transform the way machines communicate. We are grateful for the trust and confidence placed in us and remain committed to delivering results."
With this latest $3 million milestone having been achieved, AtomBeam is well-positioned to make the hires that will accelerate its growth and continue driving the development and sale of its products. The quality and depth of experience of people flocking to join AtomBeam is even more important validation of its technology and plans than its 35 patents or major corporate partners. This is one of those rare times you can learn about, and even participate in, a company that can change the world when it is still young.
Stay tuned for exciting updates and announcements by following AtomBeam.
CONTACT: Charles Yeomans
CEO
AtomBeam
charles-at-atombeamtech.com
First published on Thu, Dec 28, 2023
Enjoyed what you read? Great news – there’s a lot more to explore!
Dive into our content repository of the latest tech news, a diverse range of articles spanning introductory guides, product reviews, trends and more, along with engaging interviews, up-to-date AI blogs and hilarious tech memes!
Also explore our collection of branded insights via informative white papers, enlightening case studies, in-depth reports, educational videos and exciting events and webinars from leading global brands.
Head to the TechDogs homepage to Know Your World of technology today!
Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs' members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs' Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. While we aim to provide valuable and helpful information, some content on TechDogs' site may not have been thoroughly reviewed for every detail or aspect. We encourage users to verify any information independently where necessary.
Tags:
Related Content on Software Development
Related News on Software Development
CDK Hosts Fourth Annual CDK CONNECT On Oct. 22
Thu, Oct 10, 2024
By Business Wire
Csharpcorner Announces Action AI 2024 Conference
Wed, Sep 25, 2024
By PR Newswire
GitLab Achieves FedRAMP In Process Designation
Wed, Jun 26, 2024
By GlobeNewswire
Join The Discussion