Amboss Technologies Raises $4M Led by Stillmark to Optimize the Bitcoin Lightning Network as the Financial System of the Future
Summary
As a first mover in the space, Amboss combines data, analytics, and a social component to enable users to make strategic decisions on how to successfully and efficiently route payments across the network. By leveraging AI and machine learning, Amboss can add intelligent decision-making tools to their product offering that will help drive node and channel management automation. In the evolving $9 trillion digital payments industry, Amboss momentum highlights the transformative benefits of the Lightning Networks round-the-clock availability, low transaction costs, and enhanced privacy. As the Lightning Network disrupts traditional payment methods, Amboss contributions in optimizing routing and offering innovative solutions are accelerating a counter-cyclical financial revolution. Amboss also operates Magma, the leading marketplace for buying and selling Lightning channels that is the only platform to enable users to earn bitcoin yield from savings without relinquishing custody.