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Altair logo — company profile

Altair

Founded 1985 United States Troy, United States 4098 employees Series Unknown Total: $33.43M Analytics, Industrial +3

General Information

Company Name Altair
Founded Year 1985
Location United States Troy, United States +22
Employees 4098
Industries Analytics, Industrial, Information Technology +2
Funding Stage Series Unknown
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About Altair

Altair is a leading global provider of computational intelligence, offering software and cloud solutions in simulation, high-performance computing (HPC), and AI. With a vision to leverage computational science for a more connected, safe, and sustainable future, Altair (Nasdaq: ALTR) enables organizations across various industries to compete effectively in a connected world. The company's solutions are omnipresent, from highways to hospitals, stadiums to skyscrapers, and banks to boats, aiming to keep people safer, more connected, and productive. Founded in 1985, Altair's success is underlined by its core values of innovation, envisioning the future, and embracing diversity. Recognized for its world-class culture, diversity, and sustainability efforts, including accolades such as being named to Inc. magazine's Best Led Companies List, Newsweek's Most Loved Workplaces, and Investor's Business Daily's Best 100 ESG Companies list. Altair continuously invests in its global workforce to fuel diversity, professional and personal growth, and innovation. The company has been instrumental in companies' digital transformation efforts for nearly 40 years, aiding them in making smarter decisions, reducing costs, accelerating time-to-market, and fostering a data-driven culture. Recently, Altair secured a grant investment on 07 December 2023 from UK Research and Innovation, reinforcing its position in the industry. In conclusion, Altair's steadfast commitment to innovation, sustainability, and diversity, coupled with its successful track record in aiding companies' digital transformation efforts, positions it as an attractive prospect for potential venture capital investors.

Taxonomy: Computational intelligence, Simulation software, High-performance computing (HPC), Artificial Intelligence (AI), Cloud solutions, Sustainable technology, Digital transformation, Enterprise analytics, Engineering software, On-demand computing, Industrial design, Product development, Data-driven culture, Diversity and inclusion

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• - 16 Jul 2024
Grant •••••• 1
Investor
07 Dec 2023
Private Equity Round •••••• 1
Investor
06 Oct 2004

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FAQ About Altair

Altair (Nasdaq: ALTR) is a global leader in computational intelligence, which provides software and cloud solutions in the areas of simulation, high-performance computing (HPC), and AI. Altair enables organizations in nearly every industry to compete more effectively in a connected world while creat...
Altair was founded in 1985.
Altair is headquartered in Troy, United States.
Altair operates in the following industries: Analytics, Industrial, Information Technology, IoT, Space.
Altair has approximately 4098 employees.
Altair has completed 3 funding rounds, raising a total of $33.43M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Altair include SmarterX, Akvelon, Inc., DRB, ANAA HOLDING, Creative Synergies Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Altair and SmarterX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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