Altaworks Corporation

Nashua, United States Founded: 1999 • Age: 27 yrs Acquired By OPNET
Application performance management and incident correlation software are provided.

About Altaworks Corporation

Altaworks Corporation is a company based in Nashua (United States) founded in 1999 was acquired by OPNET in September 2004.. Altaworks Corporation has raised $25.8 million across 1 funding round from investors including OPNET and Prism Venture Partners. Altaworks Corporation operates in a competitive market with competitors including Datadog, Honeycomb, AppNeta, AppDynamics and Sentry, among others.

  • Headquarter Nashua, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $25.8 M (USD)

    in 1 rounds

  • Latest Funding Round
    $25.8 M (USD), Series A

    Jun 25, 2001

  • Investors
    OPNET

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    OPNET

    (Sep 03, 2004)

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Funding Insights of Altaworks Corporation

Altaworks Corporation has successfully raised a total of $25.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $25.8 million completed in June 2001. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $25.8M
  • First Round

    (25 Jun 2001)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2001 Amount Series A - Altaworks Corporation Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Altaworks Corporation

Altaworks Corporation has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include OPNET and Prism Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
VC firm investing in the US
Founded Year Domain Location
Cloud-based software for application performance monitoring is provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Altaworks Corporation

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Altaworks Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Altaworks Corporation Comparisons

Employees
+
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Competitors of Altaworks Corporation

Altaworks Corporation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Datadog, Honeycomb, AppNeta, AppDynamics and Sentry, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud and application performance management platform is provided.
domain founded_year HQ Location
Honeycomb is focused on transforming building operations through technology.
domain founded_year HQ Location
Full stack network and application performance monitoring solutions are provided.
domain founded_year HQ Location
Application performance is monitored via cloud-based software solutions.
domain founded_year HQ Location
Open source application monitoring and crash reporting software is provided.
domain founded_year HQ Location
Continuous application delivery and hybrid cloud solutions are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Altaworks Corporation

Frequently Asked Questions about Altaworks Corporation

When was Altaworks Corporation founded?

Altaworks Corporation was founded in 1999 and raised its 1st funding round 2 years after it was founded.

Where is Altaworks Corporation located?

Altaworks Corporation is headquartered in Nashua, United States. It is registered at Nashua, New Hampshire, United States.

Is Altaworks Corporation a funded company?

Altaworks Corporation is a funded company, having raised a total of $25.8M across 1 funding round to date. The company's 1st funding round was a Series A of $25.8M, raised on Jun 25, 2001.

What does Altaworks Corporation do?

Altaworks Corporation was founded in 1999 in Nashua, United States, focusing on the software sector for application performance management. Products such as Panoroma and Commander were developed to enable incident correlation and performance analysis. Data collection, reduction, measurement, and analysis were conducted both within and beyond application infrastructure to identify, isolate, and diagnose service-level issues. The company was acquired by Opnet to enhance network management capabilities with troubleshooting features.

Who are the top competitors of Altaworks Corporation?

Altaworks Corporation's top competitors include Datadog, Sentry and AppDynamics.

Who are Altaworks Corporation's investors?

Altaworks Corporation has 2 investors. Key investors include OPNET, and Prism Venture Partners.

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