About Altor Networks
Altor Networks is a company based in Redwood City (United States) founded in 2007 was acquired by Juniper Networks in December 2010.. Altor Networks has raised $16 million across 2 funding rounds from investors including Accel, Juniper Networks and Foundation Capital. Altor Networks offers products and services including Sports Betting, Casino Games, and Fish Shooting. Altor Networks operates in a competitive market with competitors including Astaro, Remote.It, Netscreen, HackHunter and ISecureNet, among others.
- Headquarter Redwood City, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Altor Networks, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series B
Mar 04, 2010
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Investors
Accel
& 3 more
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Employee Count
Employee Count
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Acquired by
Juniper Networks
(Dec 06, 2010)
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Products & Services of Altor Networks
Altor Networks offers a comprehensive portfolio of products and services, including Sports Betting, Casino Games, and Fish Shooting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for wagering on various sports events online.
Variety of digital casino games for interactive play.
Shooting game where players earn rewards through gameplay.
Funding Insights of Altor Networks
Altor Networks has successfully raised a total of $16M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in March 2010. 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 Funding
- Total Rounds 2
- Last Round Series B — $10.0M
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First Round
First Round
(01 Apr 2008)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Series B - Altor Networks | Valuation |
investors |
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| Apr, 2008 | Amount | Series A - Altor Networks | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Altor Networks
Altor Networks has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, Juniper Networks and Foundation Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Mid-stage venture capital investments and support for tech entrepreneurs.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Altor Networks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Altor Networks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altor Networks Comparisons
Competitors of Altor Networks
Altor Networks 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 Astaro, Remote.It, Netscreen, HackHunter and ISecureNet, 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 |
Network security products are developed and distributed worldwide.
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| domain | founded_year | HQ Location |
Secure remote connections to networks are enabled without open ports.
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| domain | founded_year | HQ Location |
Security hardware and software for firewalls and VPNs were provided.
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| domain | founded_year | HQ Location |
Protection against hacking is offered by a portable firewall device.
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| domain | founded_year | HQ Location |
Provides security intelligence, log management, and compliance services for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Altor Networks
When was Altor Networks founded?
Altor Networks was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Altor Networks located?
Altor Networks is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Altor Networks a funded company?
Altor Networks is a funded company, having raised a total of $16M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Apr 01, 2008.
What does Altor Networks do?
Altor Networks was founded in 2007 in Redwood City, United States, and operates in the cybersecurity sector focused on virtual environments. A virtual firewall solution is provided to secure servers in data centers and minimize administrative tasks. Compatibility is ensured with virtualization platforms from VMware, Microsoft, and Citrix, enabling flexible enterprise adoption across various systems.
Who are the top competitors of Altor Networks?
Altor Networks's top competitors include Remote.It, ThreatStop and Astaro.
What products or services does Altor Networks offer?
Altor Networks offers Sports Betting, Casino Games, and Fish Shooting.
Who are Altor Networks's investors?
Altor Networks has 4 investors. Key investors include Accel, Juniper Networks, Foundation Capital, and DAG Ventures.
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