technology
GlobeNewswire
Published on : Jul 10, 2023
AtomBeam, the pioneering data compaction software company, proudly announces the successful conclusion of its recent crowdfunding campaign on StartEngine. The campaign, which aimed to secure funding for AtomBeam's groundbreaking technology, has exceeded expectations, raising over $3 million from a diverse group of investors.
Throughout the campaign, AtomBeam showcased its innovative software and potential to revolutionize the IoT (Internet of Things) industry. With a focus on enhancing efficiency, reducing data usage, and security, AtomBeam's technology garnered significant attention from investors who recognized the immense potential of this transformative solution.
"We are thrilled and humbled by the overwhelming support and trust we have received from our investors during this campaign," said Charles Yeomans, CEO at AtomBeam. "This successful round of fundraising not only validates the value of our technology but also fuels our mission to reshape the IoT landscape with efficient and secure data compaction solutions."
The funds raised will be instrumental in driving AtomBeam's continued growth, allowing for further research and development, expanding partnerships and scaling operations.