Atomic.io raises $5m, backed by Xero alumni
newscatcher
2022-08-30 08:31
Atomic.io raises $5m, backed by Xero alumni
The company is partly owned by Xero co-founder Rod Drury. (Image: Jason Oxenham) Atomic.io, a Wellington-based software company, has raised $5 million to fund its expansion into Australia.The round was led by Movac, a tech-focused investment firm, joined by Xero co-founder Rod Drury who is Atomic.io's largest shareholder with 19% of the company.Fellow Xero co-founder Hamish Edwards also took part in the raise, along with investment firms K1W1, Hoku, and former Xero executives Paula Jackson, Alistair Grigg, Paul Williams, and Ben Styles.

https://businessdesk.co.nz/article/technology/atomicio-raises-5m-backed-by-xero-alumni

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