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Network Infrastructure Magazine | Monday, August 09, 2021
The CORE digital commerce platform's cable and fiber digital commerce experts and developers have acquired $3 million in preliminary funding.
FREMONT, CA: According to Atlas CEO Mark Mihalevich, the cable and fiber digital commerce experts and developers of the CORE digital commerce platform have acquired $3 million in preliminary funding. Jerry Kent (through his investment and management firm, Cequel III), Tom McMillin, Gregg Graff, and VexusFiber, and other current and former industry executives joined Cultivation Capital in leading the financing round.
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CORE, a robust managed service platform intended to help cable and fiber operators quickly migrate their sales to digital, speeding return on investment as the sector extends the range of highly high-speed Internet service throughout the country, will get this funding.
"With surging investment in state-of-the-art networks and the never ceasing demand for faster high-speed Internet services, CORE is ideally positioned to enable a transition in the industry to efficient and rapid sales growth through digital commerce," said Heather Wood, partner at Cultivation Capital, which led the investment round.
"Mark and the team at Atlas Digital have been and continue to be an essential partner as we grow," said Jim Gleason, CEO at VexusFiber. "With CORE, not only is it easy for customers to sign up for Vexus services, but their expertise also makes it easy for us to leverage the full potential of this critical channel."
Atlas CEO Mark Mihalevich added, "More than ever, customers have choices for their Internet service and a provider may only get one chance to capture the order. In an increasingly competitive market, high performance digital commerce is a distinct advantage."
CORE is instantly accessible. Atlas has implemented the platform for many providers as of this writing, and several more projects are in the works. Atlas, situated in St Louis, was established in 2018 to make vital high-speed internet services more accessible using efficient and scalable digital sales processes and technologies.
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