Tech Company Financing Transactions

Altair Engineering Funding Round

On 10/5/2004, Altair Engineering raised $30 million in funding from General Atlantic.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

General Atlantic (Lead Investor) (Marc McMorris)

Proceeds Purpose
Altair will use the new funding to accelerate growth and capital expansion, increase technology investments and secure additional liquidity as needed to support future corporate initiatives. Additionally, Altair will leverage the new investment to expand into new markets, both within North America and other key geographic regions around the world.

Company Information

Company Status
Mailing Address
1820 Big Beaver Rd.
Troy, MI 48083
Email Address
Altair Engineering (NASDAQ: ALTR) empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information.
Altair Engineering LinkedIn Company Profile
Social Media
Altair Engineering Company Twitter Account
Company News
Altair Engineering News
Altair Engineering on Facebook
Altair Engineering on YouTube

Management Team

Email & Social
Chief Executive Officer
James Scapa
  James Scapa LinkedIn Profile  James Scapa Twitter Account  James Scapa News  James Scapa on Facebook
Chief Financial Officer
Howard Morof
  Howard Morof LinkedIn Profile  Howard Morof Twitter Account  Howard Morof News  Howard Morof on Facebook
Chief Information Officer
Martin Nichols
  Martin  Nichols LinkedIn Profile  Martin  Nichols Twitter Account  Martin  Nichols News  Martin  Nichols on Facebook
Chief Marketing Officer
Amy Messano
  Amy Messano LinkedIn Profile  Amy Messano Twitter Account  Amy Messano News  Amy Messano on Facebook
Chief Operating Officer
Brett Chouinard
  Brett Chouinard LinkedIn Profile  Brett Chouinard Twitter Account  Brett Chouinard News  Brett Chouinard on Facebook
Chief Technical Officer
James Dagg
  James Dagg LinkedIn Profile  James Dagg Twitter Account  James Dagg News  James Dagg on Facebook
Chief Technical Officer
Sam Mahalingam
  Sam Mahalingam LinkedIn Profile  Sam Mahalingam Twitter Account  Sam Mahalingam News  Sam Mahalingam on Facebook
Chief Technical Officer
Uwe Schramm
  Uwe Schramm LinkedIn Profile  Uwe Schramm Twitter Account  Uwe Schramm News  Uwe Schramm on Facebook



Browse more venture capital transactions:

Prev: 10/5/2004: True Commerce venture capital transaction
Next: 10/5/2004: Azelon Pharmaceuticals venture capital transaction


Share this article


Where The Data Comes From

We do our best to record every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary