[Techtaffy Newsdesk]

Atlas Powered has closed a $700,000 preliminary funding round. The funding round began on August 1 and included investments by the Tech Coast Angel group, Maverick Angels, Pasadena Angels and others.

The financing will help accelerate the development and commercialization of the Atlas app for iOS and Android, says the company.

Atlas is a Santa Monica-based start-up working on developing a mobile platform that streamlines business productivity on smartphones.