Boston Massachusetts based Satellite IM is raising $10,500,000.00 in New Equity Investment.
Boston, MA – According to filings with the U.S. Securities and Exchange Commission, Satellite IM is raising $10,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Matthew Wisniewski 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 Satellite IM
Satellite IM is a fully decentralized peer-to-peer voice, video, and text communication platform. Satellite IM enables simple sovereign storage and peer-to-peer communication, leveraging the Interplanetary File System (IPFS) and dag-jose. Satellite IMs initial core desktop application, Satellite IM, supports 4K video chat and streaming, lossless audio, and 4GB sharing capabilities, at no cost to the user. Satellite IMs mobile-native application, Uplink, is scheduled to be released in the Fall of 2022.
To learn more about Satellite IM, visit http://www.satellite.im/
Contact:
Matthew Wisniewski, Chief Executive Officer
212-835-2511
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