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Atakama on Wefunder 2022

Date:

Platform

Wefunder

Start Date

09/30/2022

Close Date

11/15/2022

Min. Goal

$1,000,000

Max. Goal

$5,000,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation Cap

$29,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

09/30/2022

Days Remaining

46

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

New York, New York

Industry

Security, Cybersecurity, & Defense

Tech Sector

EnterpriseTech

Atakama, with a valuation of $29 million, is raising funds on Wefunder. The company has developed the technology to protect data and privacy against cyberattacks. The platform challenges the status quo of conventional data protection and provides unhackable data security with its distributed encryption key management. Atakama’s technology locks each piece of data with its own encryption key, and the key is then split across multiple devices. Atakama has grown its annualized revenue by ten times in the past year and now exceeded $1 million. Daniel H. Gallancy and Dimitri Nemirovsky founded Atakama in March 2014. The current crowdfunding campaign has a minimum target of $1 million and a maximum target of $5 million. The campaign proceeds will be used for hiring staff, marketing and sales, research and development, and operating capital.

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