Tech Company Financing Transactions
AttoTude Funding Round
Canaan Partners, Sutter Hill Ventures and Wing Venture Capital participated in a $29 million Series A venture round for AttoTude. The round was recorded on 9/11/2024.
Transaction Overview
Company Name
Announced On
9/11/2024
Transaction Type
Venture Equity
Amount
$29,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Undisclosed
Menlo Park, CA Undisclosed
USA
Menlo Park, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
AI is already supercharging changes across our world. However, its exponential growth comes at the cost of the enormous energy needed to fuel massive data center complexes. Over the past four decades, I have witnessed incredible innovations in the telecommunications space. As recently as the 1990s, the highest bandwidth event was Mother's Day. Today, the highest bandwidth events are no longer human interactions but the constant, data-rich communications between machines that power our society.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dave Welch
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About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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