According to filings with the U.S. Securities and Exchange Commission, Algemetric is raising $2,500,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Greg Jones played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Algemetric
Algemetric was founded in 2016 as a research and development group for creating and licensing new data-centric technologies. In 2021 we initiated a transition to offering B2B products. Since our foundation, we have specialized in data-centric solutions for various purposes, including data collection, preparation, representation, transmission, compression, storage, security, privacy, analytics, and visualization. After our transition started, while talking to prospective customers and strategic partners, we obtained a detailed view of the negative implications of improper data exploration and collaboration throughout organizations in many fields of industry. As data enthusiasts, we want organizations to take the most value from strategic data they possess or have access to for increasing their operational efficiency and profitability. At the same time, we understand that several safeguards must be in place so all resulting benefits from innovative data processing can be appreciated with the peace of mind that comes from adequate compliance with security and privacy standards and regulations.

To learn more about Algemetric, visit http://www.algemetric.com/

Contact:
Greg Jones, Chief Executive Officer
719-594-6145

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