AlterPoint is a technology company.
AlterPoint has raised $20.0M across 2 funding rounds.
AlterPoint has raised $20.0M in total across 2 funding rounds.
AlterPoint is a technology company specializing in network management software, offering on-premise solutions that optimize network spend, align IT with business goals, and automate configuration, compliance, security, and equipment lifecycles.[2][4][5] Its core product is an open, comprehensive network CMDB (Configuration Management Database) that combines operational and business data for analytics, dashboards, troubleshooting, and trend analysis, serving large enterprises to curb hardware over-provisioning, reduce labor costs, lower compliance expenses, and boost network availability.[2][4] Headquartered in Austin, Texas, with UK operations, AlterPoint operates in the software development and networking software industry, employing 31-200 people and generating estimated annual revenue of $5-50M, positioning it as a mid-sized player competing with firms like ServiceNow and Datadog.[1][2]
The company targets respected global enterprises needing efficient network governance, solving problems like over-provisioning, compliance burdens, and service disruptions through customizable tools that provide impact assessments and scorecards.[2][4] While specific recent growth metrics are unavailable, its stable financial footing and tech stack—including Drupal, jQuery, and PHP—support potential expansion in digital transformation services.[1]
Founded in 2001, AlterPoint emerged in Austin, Texas, focusing on open network management solutions to address enterprise IT challenges in hardware optimization and compliance.[2] Early development centered on creating a comprehensive network CMDB to automate change management, security, and lifecycles, filling gaps in aligning IT operations with business imperatives amid rising network complexity.[2][4] Pivotal traction came from adoption by "the world's most respected enterprises," leveraging its on-premise model for reliable configuration backup and governance, with European expansion via UK operations.[2][5] Founders and specific early milestones are not detailed in available records, but the company's evolution ties to Ignite solutions for business process management, emphasizing cost reduction and productivity gains.[3]
AlterPoint rides the trend of network automation and governance in an era of expanding hybrid IT infrastructures, where enterprises face surging costs from over-provisioning and compliance amid cloud migrations and edge computing.[2][4] Its timing aligns with post-2001 shifts toward ITIL-compliant tools and rising cybersecurity demands, enabling better resource alignment as networks grow more complex.[2] Market forces like digital transformation and cost pressures favor its on-premise model for data-sensitive sectors, influencing the ecosystem by promoting open standards that reduce vendor lock-in and inspire integrated CMDB approaches in competitors like ServiceNow.[1][2] As a stable mid-sized player, it contributes to niche innovation in network lifecycle management without dominating the broader DevOps or observability waves.
AlterPoint's entrenched enterprise position sets it up for sustained relevance in network optimization, potentially expanding via Ignite's business process tools into AI-driven predictive analytics or hybrid cloud integrations.[3] Trends like zero-trust security and sustainable IT spending will shape its path, amplifying demand for its compliance and cost-control strengths amid economic scrutiny.[1][2] Its influence may evolve through partnerships or acquisitions, enhancing mid-market agility while deepening ties with giants like Datadog—ultimately reinforcing its role as a reliable backbone for efficient, business-aligned networks.[1][2]
AlterPoint has raised $20.0M in total across 2 funding rounds.
AlterPoint's investors include Florida Funders.
AlterPoint has raised $20.0M across 2 funding rounds. Most recently, it raised $8.0M Series C in November 2006.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2006 | $8.0M Series C | Florida Funders | |
| Jan 1, 2005 | $12.0M Series C | Florida Funders |