Tech Company Financing Transactions
Altogic Funding Round
ScaleX Ventures participated in a $1 million Seed funding round for Altogic. The round was announced by the company on 4/11/2022.
Transaction Overview
Company Name
Announced On
4/11/2022
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Seed
Investors
ScaleX Ventures (Lead Investor)
Proceeds Purpose
With the fresh round of funding, led by ScaleX Ventures, Altogic plans to grow its engineering team and accelerate product development to make its solution generally available to developers worldwide.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Istanbul, Undisclosed
Turkey
Istanbul, Undisclosed
Turkey
Phone
Undisclosed
Website
Email Address
Overview
We are individuals with a passion for helping people and organizations bring their product ideas to life. As veteran software developers, solution architects, infrastructure engineers, and business analysts, we know the difficulties in developing new software or updating existing ones. We know how hard it takes to launch a new product or even a minor new feature to the market. We also know the decades-old friction between business and IT teams and difficulties managing business demand and IT capacity in corporate settings. Our mission is to innovate software development and our starting point is backend apps. We believe Altogic will help remediate these inherent problems, ease and speed up backend app development.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Umit Cakmak
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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