Atombeam Secures $20 Million in Funding
Summary
Atombeam Makes Handling Data Faster, More Efficient and More Secure, Addressing the Surge in Edge Computing and Growth of Information AvailabilityMORAGA, Calif., Feb. 4, 2025 /PRNewswire/ -- , 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 , empowering ordinary, individual investors to gain an ownership stake in the companys transformative technology. "Our technology has been engineered to completely transform data and the way it is used, making it more efficient and secure without compromising the ability to process it," said Charles Yeomans, CEO and Chairman of Atombeam. Data-as-Codewords is always compressed, always encrypted, and transmits the data without latency, ensuring transmission and storage is always optimized.Atombeam plans to use the funding to continue growing the organization, adding to both the go-to-market and research and development parts of its team. 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.