Altair

General Information
Company Name
Altair
Founded Year
1985
Location (Offices)
Troy, United States +22
Founders / Decision Makers
Number of Employees
4098
Industries
Analytics, Industrial, Information Technology +2
Funding Stage
Series Unknown
Social Media

Altair - Company Profile

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 of Altair (3)

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Funding Stage Amount No. Investors Investors Date
Venture Round $3.43M - 16 Jul 2024
Grant Unknown 1 07 Dec 2023
Private Equity Round $30.00M 1 06 Oct 2004

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