AtomBeam

Data-Compaction Software

Company Information

Website:

https://atombeamtech.com/

Sector:

Data Management Software

Location:

Moraga, CA

By 2025, the amount of data in the world is expected to reach ninety zettabytes. For reference, one zettabyte is equal to a trillion gigabytes.

But right now, the storage capacity of all the data centers globally is about two zettabytes. This overwhelming shortage is placing mounting pressure on networks, slowing and overloading them. So, what’s the answer?

AtomBeam has developed a potential solution. It’s a data-compaction software company that shrinks, secures, and speeds data transmission.

Using machine learning and Artificial Intelligence, it reduces the size of data files by seventy-five percent, and adds a much-needed layer of security. This technology has the potential to free up space for all of this data and enable it to be shared quickly and securely.

AtomBeam is led by an experienced team. Its CEO has twenty-five years of financial experience, and led two prior companies. Its Chief Technology Officer managed software teams at HP, Siemens, and Red Hat. Its Chief Scientist is a mathematics professor at the University of South Carolina, and holds degrees from MIT and the University of California, San Diego. And its Chief Revenue Officer managed sales teams at SAP and Oracle.

Team Background

Josh Cooper - Chief Scientist

Josh is AtomBeam’s chief software architect and also a professor of Mathematics at the University of South Carolina.

Prior to these roles, he was Chief Data Scientist with Behavior Matrix, a market research company using machine learning and high-volume data processing. Before that, he was a post doctoral researcher at NYU, focusing on mathematics and computer science.

Earlier in his career, Josh was a consultant with Microsoft and spent four years as a teaching assistant at the University of California.

He earned a Bachelor’s degree in Mathematics from MIT and a Ph.D. from the University of California, San Diego.

Asghar Riahi - Chief Technical Officer

Asghar had the original idea for AtomBeam’s technology, and is responsible for its development and IP. He is a leading technology innovator with more than 25 years of experience in software and IT solutions.

Previously, he was an information systems analyst at the University of California, Berkeley School of Information. Before that, he spent two years as a solutions architect with Red Hat, a software company acquired by IBM in 2019 for $34 billion.

Earlier in his career, he was a cloud architect with Seagate Technology, a computer hardware company. Prior to that, he spent 13 years at HP, serving as a master technologist. He began his career as a senior systems architect with Electronic Data Systems and was also a senior programmer with Siemens.

Asghar earned a Master’s degree in Computer Science from the Vienna University of Technology and also studied at MIT.

Kent Warren - Chief Revenue Officer

In addition to his role with AtomBeam, Kent is a principal with K3 Clouds, a data center contractor. He splits his time evenly between the two businesses.

Previously, he was Senior Vice President at @Risk Technologies, a cybersecurity company. Before that, he was President of ManTech Commercial Services, another cybersecurity business.

Earlier, he started IT solution companies. Prior to that, he spent 13 years at SAP, a software company, helping clients such as the U.S. Department of Defense transform its supply chain. Kent began his career with Oracle, a multinational software company, and earned a Bachelor’s degree from Radford University.

Charles Yeomans - Chief Executive Officer

Charles has more than 25 years of experience in executive management and investment banking.

Prior to starting AtomBeam, he was CEO of Trigemina, a biotech company. Before that, he was CEO of an employee benefits technology company, Portal Group Holdings.

Earlier, he was Chief Operating Officer at Frenkel & CO, an insurance company, and before that was Executive Vice President of Ultralink, a technology firm.

Charles started out as an investment banker with Drexel Burnham Lambert, and was an intelligence officer in the U.S. Navy.

He earned a Bachelor’s degree from Kenyon College and an MBA from Stanford.

Co-Investors

Raising
$2 million
Committed
$326.152K (16%)
Current Valuation
$69.97 million
Min. Investment
$496
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $1.7 million
    2017-09-03
    StartEngine
Notable Investors
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