Charles Yeomans, CEO of Atombeam, explains how his company's IoT data compaction technology compares to traditional data compression.
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“We make a piece of software that is small, light, ultra fast, 400 times faster than compression. And it will work on the tiniest little files that you could imagine, like under 10 bytes.”
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More from Charles Yeomans
AssertionSupported
Yeomans: Atombeam reduces IoT data 75% on average, quadrupling network capacity
“Consequently, because we're super fast and we reduce it on an average of 75%, we get a, an average of four times more bandwidth simply with software. So we can take your existing network and quadruple its capacity.”
Charles YeomansNov 20, 2021▶ 2:24How this SaaS Raised $2.4m Crowdfunding at $10m Valuation
Insight
Yeomans: Commodity dynamics will force satellite providers to adopt Atombeam
“If one satellite company, we have a big satellite company is late stage of incorporating it. Once they deploy, then satellite data bandwidth is a commodity. If one provider is providing satellite bandwidth at price X minus and well, everybody is at price X and…”
Charles YeomansNov 20, 2021▶ 6:31How this SaaS Raised $2.4m Crowdfunding at $10m Valuation
Disclosure
Yeomans: Atombeam Prices Software at Pennies to a Dollar per Machine
“It on a per machine basis, it's either pennies or a dollar or something. It's really small”
Charles YeomansNov 20, 2021▶ 3:42How this SaaS Raised $2.4m Crowdfunding at $10m Valuation
AssertionSupported
Yeomans: Atombeam Won Proof-of-Concept Competition with Saab
“We just want to proof of concept in a competition in Sweden with Saab.”
Charles YeomansNov 20, 2021▶ 3:51How this SaaS Raised $2.4m Crowdfunding at $10m Valuation
AssertionSupported
Yeomans: Atombeam has raised over $4 million in total capital
“The investors have come in, you know, for, you know, four, over four million now.”
Charles YeomansNov 20, 2021▶ 5:37How this SaaS Raised $2.4m Crowdfunding at $10m Valuation
AssertionSupported
Yeomans: Atombeam raised up to $2.6M in crowdfunding round
“That was two and a half, 2.6 million.”
Charles YeomansNov 20, 2021▶ 5:57How this SaaS Raised $2.4m Crowdfunding at $10m Valuation
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