CPE News – pcJournal (6/26/2018) – Atomic Reach has raised $3.4 million in bridge financing from existing shareholders, angel investors and certain funds managed by Fidelity Investments Canada ULC.
Atomic Reach intends to use new funds to accelerate company growth, support continued technological innovation and expand strategic partnerships and market reach.
Atomic Reach has previously raised $9 million in seed and Series A funding from private investors and Genwealth Venture Partners and MaRS IAF.
Founded in 2012, Toronto based Atomic Reach is an AI based content optimization platform built to equip marketers and advertisers with the insights and tools necessary to generate the maximum ROI from their written content.
photo credit: Atomic Reach
Atomic Reach Announces $3.4M in Bridge Round to Accelerate Growth and Technological Innovation
Growing content optimization platform plans to expand its strategic partnerships and market reach as a result of new funding
TORONTO, June 26, 2018 (GLOBE NEWSWIRE) — Atomic Reach, an artificial intelligence-based content optimization platform, today announces the completion of a $3.4 million bridge round. The funding included participation from existing shareholders, angel investors and certain funds managed by Fidelity Investments Canada ULC. The funds will be used to accelerate company growth, support continued technological innovation and expand strategic partnerships and market reach.
Atomic Reach drives content and communications efficacy for marketers, advertisers and agencies by analyzing and optimizing content for optimal lead conversions. By using a combination of artificial intelligence and data analytics, Atomic Reach provides scientifically backed insights and tools to improve the performance of content marketing, communications and digital advertising programs. While specializing in real-time text analysis using a combination of machine learning algorithms and artificial neural networks to provide feedback on the structure, style and language of content, Atomic Reach’s technology enables its users to optimize their content in order to maximize conversions.
“When it comes to leveraging artificial intelligence in content and communications, we’ve only just begun tapping into the possibilities,” said Bradley Silver, CEO of Atomic Reach. “This round of funding will allow us to accelerate our partnership strategy and further develop our neural networks to empower marketers to increase the efficiency and effectiveness of their content, advertising and communications.”
“Atomic Reach was founded on the belief that artificial intelligence will bring an unprecedented level of automation and efficacy to the desk of the everyday marketer,” Silver said. “With this round of funding, Atomic Reach is positioned to integrate its technology with more platforms and make its content optimization AI broadly available.”
The company currently has built strategic integrations with HubSpot, WordPress and Google AdWords and is a Certified HubSpot Partner.
To learn more about Atomic Reach and its technology, visit www.atomicreach.com.
About Atomic Reach
Founded in 2012, Atomic Reach is an AI based content optimization platform built to equip marketers and advertisers with the insights and tools necessary to generate the maximum ROI from their written content. Atomic Reach helps marketers and agencies take the guesswork out of creating high-quality, consistent and profitable content. Specializing in real-time text analysis using a combination of machine learning algorithms and artificial neural networks, the company’s focus is centered around developing proprietary technologies that advance language optimization through AI based automation and intelligence.
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