Atense

Atense

World's first patented computer vaccine stops malware without knowing about it.

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Security Type
Convertible Note
Min Investment
$100
Location
Plano, TX
Offering Date
January 25, 2021
Expected Close Date
April 30, 2021
Target Raise
$50.00K-$1.07M

Company Description

Management’s Discussion and Analysis of Financial Condition and Results of OperationsYou should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.OverviewWe shield computers against all forms of malware: viruses, malware, and ransomware.

In 5 years, we hope to be a publicly traded and the top cyber security company in the world. These projections are not guaranteed.

Key Deal Facts

Global cybersecurity market is predicted to grow from $167 billion in 2019 to $248 billion in 2023.
We have a working prototype which is 70% complete to becoming a commercial product.
The computer is shielded from all malware, computer viruses, and ransomware.
We hold 8 US patents and have patents pending in Europe, India and China.
The US DoD and large enterprises have already expressed interest in using our technology.
The founding team has over 75 years experience in technology and startups.
The founding team is responsible for having raised 200 million US dollars over their careers.
The founder has invested over $600,000 in funds and labor

Use of Proceeds

$50,000

 

92.5% towards Research and Development. We will use the funds to continue the work to turn the working prototype version of our Computer Vaccine into a commercial version.  7.5% towards Wefunder. 

$1,070,000

 

37.5% towards Research and Development. We will use the funds to continue the work to turn the working prototype version of our Computer Vaccine into a commercial version.  27.5% Sales and Marketing. We'll hire a sales and marketing team specialized in the the cyber security market. 27.5% Corporation Overhead. We will hire administrative personnel, make our CPO and COO full time from part time, and prepare Atense for expansion. 7.5% towards Wefunder. 

Management Team / Advisory Board Bios

John Almeida
Founder and CEO
Mr. Almeida holds 22 US patents currently used in virtual content, encryption, online advertising, social networking and e-commerce. Eight patents will be utilized in Computer Vaccine.

Rick O'Hara
Advisor and Acting COO
Mr. O'Hara has over 30 years of experience in management consulting and as CFO of young technology companies. Areas of expertise include fundraising, management, business and strategic planning, financial modeling, and launching new ventures.

William Archibald
CPO
Mr. Archibald has over 30 years of experience as an engineer, founder, inventor, CTO and CKO. As the founder and CTO of GlobeSet, he raised over $90M in equity financing and developed payment systems used in over 60 institutions in 20 countries.

Rohit Magdum
CTO
Mr. Magdum has over 10 years of experience as project lead and project architect engineer managing development teams for projects in machine learning, cyber security, network security, kernel development for Linux and Windows, and IoT.
Amount Raised : $0
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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