Altr Solutions, Inc.

Altr Solutions, Inc. is a data security company based in the US, specializing in unifying, securing, and governing data access across modern data architectures for organizations, predominantly in North America and Europe. Founded in 2017 in Melbourne, US, Altr Solutions, Inc. provides a Unified Data Security Platform that protects sensitive data across cloud environments.

The company has raised a total of USD 25. 00 mn through 3 funding rounds, with the latest being a Series C round in November 2023. Chris Struttmann, David Wilson, Geordie McClelland, James Beecham, Jessie Fu, Jordan Altergott, and Kari Ament are listed as founders, along with David Sikora, James Beecham, Jessie Fu, and Kari Ament serving as CEO. ALTR specializes in providing a Unified Data Security Platform that secures and governs data access across modern architectures.

The platform supports enforcement of data access policies and protects sensitive data in various cloud environments. Key features include real-time data usage visibility, automated controls to reduce manual coding, and robust compliance measures such as tokenization and format-preserving encryption, aimed at enhancing secure data sharing and governance for financial institutions and organizations requiring stringent compliance standards. ALTR generates revenue primarily through subscription and partnership agreements with clients, typically set as multi-year subscriptions for access to its Unified Data Security Platform. The comprehensive suite of services is structured to enhance data governance and security without disclosing specific pricing details, catering to both small and large enterprises.

Following the recent Series C funding round of USD 25 mn in November 2023, led by an individual investor, Altr Solutions, Inc. plans to leverage this capital to strengthen its market position and pursue expansion strategies. While specific new products or geographic markets targeted for expansion are not disclosed, the funding is intended to support initiatives that enhance the company's growth trajectory.