MORAGA, CA, Atombeam today announced the closing of its recent Reg A+ funding round, with a total of $20 million raised.
Atombeam, whose innovative technology redefines how data is used, moved, stored and secured, today announced the closing of its recent Reg A+ funding round, with a total of $20 million raised. The successful funding round was hosted by StartEngine, empowering ordinary, individual investors to gain an ownership stake in the company's transformative technology. More than 6,500 investors invested in Atombeam during this round. This brings Atombeam's total funding to $35 million.
Atombeam has the potential to revolutionize data management through its Data-as-Codewords Neurpac technology, altering how data is encoded, used, transferred, managed, stored and secured. Atombeam increases available bandwidth an average of 4x, improves access to stored data by making it searchable while encoded, and enhances security with ultralight software, all in a single computing step. Atombeam's Neurpac is uniquely capable of operating on the smallest machine-generated or Internet of Things data, which is not possible with compression.
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