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Charles Yeomans

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How AtomBeam Technologies Raised $4M and Won POCs With Saab and the Department of Defense (Interview with Co-Founder Charles Yeomans)

Charles Yeomans (Co-Founder and CEO of AtomBeam Technologies) spoke to Nathan Latka on November 4, 2021.

AtomBeam Technologies figures from the interview

Total Funding Raised (2021)
$4M
Crowdfunding Round (2021)
$2.6M
Team Size (2021)
14
Engineers (2021)
7
Convertible Note Cap (2021)
$10M
“So, essentially, it's this, that we take a really old idea, which is the use of code books, and we combine that with some pretty fancy math, that MIT level stuff, along with machine learning. And what we do by doing that, we're able to take advantage of the fact that you see a lot of patterns in these little these little files that machines generate, IOT files.”
“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. And if you were to try to apply compression to that, you would find it will make them bigger. Consequently, because we're super fast and we reduce it on an average of 75%, we get an average of four times more bandwidth simply with software. So we can take your existing network and quadruple its capacity.”
“Yeah. But I mean, I got to tell you that the companies that are either using it or considering using it are extremely large. I mean, we're talking Fortune 100 size. And they are talking about, in many cases, deploying it on a huge number of machines.”

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Bio

Charles was CEO of two technology firms and COO at a financial services firm. He was also a key of architect of two of the nation’s largest insurance brokerages. He was an investment banker and a Naval intelligence officer. He has an AB from Kenyon College and an MBA from Stanford.

Company

AtomBeam Technologies

Moraga, United States · Founded 2017

Revenue
$640K
Funding
$4M
Team size
29
Customers
2

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Also at AtomBeam Technologies