Seed Round from Blu Ventures to Further Company Growth and Expand Customer Base
Herndon, VA (PRWEB) November 15, 2016
The MACH37 Cyber Accelerator is pleased to announce that Atomicorp, Inc., a developer of industry leading solutions for the protection and support of cloud servers and Internet of Things devices, has closed a $1 million seed investment round led by Blu Venture Investors. This round of funding will allow Atomicorp to continue to execute on its growth plans to expand the company and support its growing customer base.
Atomicorp is a Spring 2015 graduate of the MACH37 Cyber Accelerator program. Founded by CEO Michael Shinn and CTO Scott Shinn, the company's software defined security technology protects devices from a wide range of zero day security threats through system immunization, intelligent self-learning, attack surface reduction, virtual patching and self-healing, all in a solution that requires minimal configuration and is easy to install.
"Atomicorp has a ground-breaking technology that we think will change the game for cyber attackers. The technology is proven and they've already acquired a large customer base in a short period of time," said Steven Chen, Partner at Blu Venture Investors. "We're thrilled to support Atomicorp's continued growth and technology innovation with this funding round."
Both Shinn brothers worked at the White House in security 20 years ago and combined it with their experience working with federal agencies and cloud providers to build this startup. Today, Atomicorp has over 2000 customers in all sectors including large enterprise customers, universities, consumer products manufacturers, medical device makers and the US government.
"We knew pretty early on that the Shinn brothers were going to have a very successful startup that would exceed our expectations," said Rick Gordon, Managing Partner at MACH37, also an investor in Atomicorp. "Most of today's security defenses can't keep up with sophisticated cyber-attacks and that problem will never go away. However, Atomicorp has a disruptive solution that is proven to make a difference for over 2000 customers. We're proud to be a part of the company's growth and look forward to its success."
About Atomicorp
Founded in 2015 and headquartered in Chantilly, VA, Atomicorp is the developer of industry leading solutions for the protection and support of cloud, virtual, and dedicated systems and Internet of Things devices. Today, Atomic Secured Linux is recognized as the only product of its type in existence and incorporates numerous exclusive security functions and methodologies. Atomicorp has over 2000 customers across all sectors including large enterprise customers, universities, consumer products manufacturers, medical device makers and the US government. For more information, visit: http://www.atomicorp.com/
About MACH37™
MACH37 is the premier accelerator for information security entrepreneurs and startups. We go beyond the traditional model of typical business accelerators by bringing our innovators focused mentorship and support from our extensive network of visionaries, practitioners, buyers, and successful entrepreneurs in security. Our Spring and Fall sessions are designed to propel graduating companies into the marketplace, equipped with the skills to grow and compete for funding and market share. MACH37 was launched in 2013 by the Center for Innovative Technology, in Herndon, Virginia. To learn more, please visit http://www.mach37.com and follow @MACH37cyber on Twitter.
About Blu Venture Investors, LLC
Blu Venture Investors, LLC actively engages with entrepreneurs to build strong, successful companies. With more than $34 Million in capital invested since 2010, Blu V.I. invests in technology companies with cybersecurity, IoT, software or digital media solutions targeting primarily Enterprise customers. Blu V.I.'s 25 Principals are deeply experienced, successful operators including current or former service as Founder/CEO's for 17 companies, Non-Founder CEO's for 14 Companies and C-Level Executives for 17 companies. Blu Venture's track record includes 35 investments with 6 exits. For additional information, visit http://www.bluventures.com
For the original version on PRWeb visit: http://www.prweb.com/releases/MACH37/Atomicorp/prweb13852467.htm
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.