How Much Did Altronix Raise?
Funding & Key Investors

Altronix, a prominent player in the low voltage electronics market for video surveillance, security, fire, access control, and automation, has secured $2M in total capital. The company recently announced a $2M major strategic investment, underscoring its continued growth and market presence. This latest financing round follows a history of capital infusions aimed at enhancing its product development and market reach.

What is Altronix?

Altronix
Business ServicesSecurity Information and Event Management (SIEM)Electronics

Altronix Corporation is recognized as a leading designer and manufacturer of high-quality low voltage electronic solutions. Headquartered in Brooklyn, NY, the company specializes in products that offer more than just power, including its LINQ Network Communication Technology, Trove Access and Power Integration systems, and a wide array of Ethernet over Coax adapters (eBridge), PoE solutions (NetWay), and fiber optics (NetWay Spectrum). Altronix operates with a commitment to quality, evidenced by its ISO 9001 registration and U.S. manufacturing, with products backed by a lifetime warranty. Its extensive product portfolio serves critical infrastructure needs across multiple sectors.

How much funding has Altronix raised?

Altronix has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for Altronix?

The recent major strategic investment signifies Altronix's robust position and potential for further expansion within the enterprise-level security and automation markets. This capital infusion is expected to fuel continued innovation in its advanced product lines, potentially leading to the development of integrated solutions that further enhance system efficiency and security. Altronix's focus on U.S. manufacturing and quality assurance, coupled with its comprehensive product range, positions it for sustained leadership and growth in an evolving technological landscape. Future developments may include strategic partnerships or acquisitions to broaden its market penetration and technological capabilities.

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Frequently Asked Questions Regarding Altronix Financial Insights

What are the most recent funding rounds that Altronix has completed, and what were the funding rounds?
Altronix has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Altronix has raised to date?
Altronix has raised a total of $2M in funding to date.
How many funding rounds has Altronix completed?
Altronix has completed 1 funding rounds.
How much funding did Altronix raise in its most recent funding round?
Altronix raised $2M in its most recent funding round.
Who are the lead investors in Altronix's latest funding round?
The lead investor in Altronix's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Altronix's history?
The largest funding round in Altronix's history was $2M.
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