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Altair
Altair Engineering, Inc. provides enterprise analytics, engineering, and on-demand computing software technologies. Its technology optimizes the analysis, management, and visualization of business…
Altair
Altair Engineering, Inc. provides enterprise analytics, engineering, and on-demand computing software technologies. Its technology optimizes the analysis, management, and visualization of business…
TL;DR
Founded: 1985
Headquarters: Troy, Michigan
Core products: Simulation, HPC, data analytics, AI software (e.g., Altair One, RapidMiner)
Public / M&A activity: Completed IPO (2017); announced acquisition by Siemens (2024)
Company Overview
Problem Domain
Computational simulation, high-performance computing, data analytics, and AI for engineering and enterprise workflows.
Founded
1985
Industry
Enterprise software; engineering and data analytics
Tech Stack
Funding Track Record
156000000
Raised $156 million in initial public offering
200000000
Private placement financing
10000000
Altair led seed funding for Xscape Photonics with $10M investment
Investor Signal
“Matrix Capital Management has been a significant shareholder and participated in a $200M private placement”