What is Altitude Digital?
Altitude Digital operates within the dynamic Advertising & Marketing industry, employing between 10 to 19 individuals and generating revenue in the range of $5 million to $10 million. Headquartered in Austin, Texas, the company focuses on providing solutions that enhance digital advertising efforts for its clients. Its market position is characterized by a commitment to innovation in a sector that demands constant adaptation to evolving consumer behaviors and technological advancements. The company's funding history, spanning from 2011 to 2016, indicates a period of substantial investment aimed at scaling operations and expanding its market reach.
How much funding has Altitude Digital raised?
Altitude Digital has raised a total of $61M across 5 funding rounds:
Private Equity
$1.5M
Unspecified
$5M
Debt
$7M
Private Equity
$30M
Private Equity
$17.5M
Private Equity (2011): $1.5M with participation from Cypress Growth Capital,LLC
Unspecified (2013): $5M led by Silicon Valley Bank and Mercato Partners
Debt (2014): $7M supported by Silicon Valley Bank
Private Equity (2015): $30M featuring FastPay Partners LLC
Private Equity (2016): $17.5M backed by Bridge Bank and Multiplier Capital
Key Investors in Altitude Digital
Silicon Valley Bank
Silicon Valley Bank is a financial institution that provides commercial and private banking, asset management, and investment services, primarily to technology and innovation companies.
Bridge Bank
Bridge Bank is a commercial bank offering a range of financial services, including lending and deposit products, often catering to technology and venture-backed companies.
Multiplier Capital
Multiplier Capital is a growth debt platform that specializes in providing secured loans to rapidly growing, professionally-backed companies, offering flexible financing solutions.
What's next for Altitude Digital?
The recent strategic investment in Altitude Digital signals a pivotal moment for the company, suggesting a focus on accelerated growth and market penetration. Given the enterprise-level nature of its funding, Altitude Digital is likely poised to expand its service offerings, invest in new technologies, and potentially broaden its geographical footprint. The company's trajectory indicates a strategic push to solidify its position as a key innovator in the advertising technology space, leveraging this capital infusion to drive further development and capture greater market share. Future endeavors may include strategic partnerships or acquisitions to enhance its competitive edge.
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