Ben Franklin Client, M-Dot Network, Wins Annual Amazon Start-Up Challenge
Amazon Web Services LLC (AWS), an Amazon.com company (NASDAQ: AMZN), announced M-Dot Network as the winner of the fourth annual AWS Start-Up Challenge. The global competition received more than 1,500 applications from 22 countries across North America, Asia Pacific and Europe. M-Dot Network was awarded $50,000 in cash and $50,000 in AWS service credits at the finale event in Palo Alto, California.
M-Dot Network’s high-speed transaction network provides real-time connectivity between Internet and mobile based technologies to in-store retail point of sale systems for the purpose of enabling immediate redemption of digital coupons and incentives. M-Dot can process one million concurrent transactions in a tenth of a second without ever having to buy or lease a physical data center, purchase hardware or hire dedicated datacenter staff.
M-Dot is a start-up company located in the Erie Technology Incubator that has received seed funding from BFTP/CNP. Additionally, the company received significant investment funding from the Erie Angel community
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