Atlas Powered, LLC. Raises $700K in Initial Funding Round Led by Tech Coast Angels
LOS ANGELES, CA, Jan 22, 2013 (MARKETWIRE via COMTEX) --
Atlas Powered, LLC. today announced the close of their $700 thousand
preliminary funding round. The funding round began on August 1 and
included investments by the Tech Coast Angel group, Maverick Angels,
Pasadena Angels and others. This financing will help accelerate the
development and commercialization of the Atlas app for iOS and
One of the app's most groundbreaking features is appointment
scheduling, which disrupts the current system by allowing calendars
to talk to each other directly across different platforms -- no more
need for email negotiation or attachments. Atlas makes scheduling
anything with anyone across any calendar platform easy, simple and
fast, promising to make life significantly easier for people who make
appointments daily and to change the way people will arrange
"At Tech Coast Angels, we saw the real need for a product like Atlas
because scheduling has become a problem that many people struggle
with everyday," said SoCal super-angel Yuri Pikover of Tech Coast
Angels. "The idea is big and the team is right. We are very pleased
to be a part of this initial investment round." Pikover, who lead the
Tech Coast deal, serves on Atlas' Board of Directors and works
closely with the founders, CEO Hunter Gray and President Michel
"We knew that Yuri looks at over a hundred deals each year and only
invests in a couple. If you're lucky enough to catch his attention,
his diligence process is long and very involved," Gray notes of
Pikover. "We are honored to have Yuri not only as an investor but
also as our mentor through this journey."
Designed to alleviate stresses that small businesses and independent
professionals face each day, Atlas unifies all existing calendar,
task and contact data and allows for simple collaboration across
platforms to schedule or assign anything in one simple user
interface. The mobile platform features a powerful action center and
a simple communication hub. In this round, Atlas also received
support from other notable investors, including: Angel Capital
Entrepreneur Fund; Mark Suster's LaunchpadLA, the #5 Accelerator in
the Nation; and Clark Landry, Founder of Shift (FKA "Graph Effect").
About Atlas Powered, LLC.
Atlas Powered, LLC. was co-founded by
Hunter Gray, CEO, and Michel Bayan, President, in 2011. Backed by #1
Accelerator in Southern California, LaunchpadLA, Atlas is a Santa
Monica-based start-up that has been busy developing a mobile platform
that streamlines business productivity on smartphones, giving users
maximum organizational efficiency and productivity at their
fingertips. Atlas Powered, LLC. plans to release the private beta for
iOS and Android in February, followed by a full public beta within
the coming months.
About Tech Coast Angels
Tech Coast Angels is the largest angel
investor group in the United States. Its members provide funding and
guidance to more early-stage, high-growth companies in Southern
California than any other investment group. TCA has more than 250
members, including its venture capital affiliates, in five networks
in Los Angeles, Orange County, San Diego, Westlake/Santa Barbara and
the Inland Empire.
SocialRadius on behalf of Atlas Powered, LLC.
SOURCE: Atlas Powered, LLC.
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