Altitude Networks is a technology company.
Altitude Networks has raised $11.0M across 2 funding rounds.
Altitude Networks has raised $11.0M in total across 2 funding rounds.
Altitude Networks has raised $11.0M in total across 2 funding rounds.
Altitude Networks's investors include Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, CRV, DNX Ventures, Drummond Road Capital, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Harrison Metal.
Altitude Networks is a San Francisco-based SaaS security startup that builds a cloud-native Data Loss Prevention (DLP) platform to protect enterprise data in collaboration tools like Google Workspace (formerly GSuite).[1][2][3] It serves enterprises relying on SaaS platforms for file sharing and collaboration, solving problems like unauthorized access, accidental or malicious data sharing, and theft by analyzing metadata via APIs without agents or heavy integrations.[1][2][6] The company raised $9M in funding, showing early growth through features like free security assessments and rogue app detection, with plans to expand beyond Google Workspace to platforms like Box, Dropbox, and Office365.[1][2][6]
Altitude Networks was founded in 2018 by David Coates and Amir Kavousian.[1][5] Coates, seeking lightweight security for cloud collaboration, partnered with Kavousian, a data scientist experienced in machine learning for fraud detection at Capital One's payment platform.[1] The idea emerged from frustrations with traditional DLP solutions, which were heavy and ill-suited for cloud-native SaaS environments; they launched a metadata-driven, API-integrated DLP that gained traction via Rain Capital's investment, highlighting its innovative approach.[1]
Altitude Networks rides the explosive growth of SaaS collaboration tools amid rising cloud data breaches and shadow IT risks, where traditional DLP fails in lightweight, API-driven environments.[1] Timing aligns with enterprises accelerating SaaS adoption post-remote work shifts, facing market forces like increasing regulatory pressures (e.g., GDPR, CCPA) and third-party app proliferation in ecosystems like Google Workspace.[1][2][4] It influences the ecosystem by enabling secure collaboration without friction, potentially setting standards for metadata-only DLP and attracting venture interest in cloud security.[1][2]
Altitude Networks is poised for expansion with multi-platform support (Box, Dropbox, Office365) and advanced features like broader ML anomaly detection, capitalizing on surging demand for SaaS-native security.[1][6] Trends like AI-driven threats and zero-trust architectures will shape its path, potentially leading to acquisitions by larger cybersecurity firms or scaled enterprise adoption. Its influence may grow by redefining DLP for cloud collaboration, empowering secure innovation in SaaS ecosystems—much like its founders' pivot from payment fraud to enterprise data protection unlocked early momentum.[1][5]
Altitude Networks has raised $11.0M across 2 funding rounds. Most recently, it raised $9.0M Series A in July 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2019 | $9.0M Series A | Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, CRV, DNX Ventures, Drummond Road Capital, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Harrison Metal, Highbury Group, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, O'Reilly AlphaTech Ventures, Otherwise Fund, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Bob Pasker, Christian Reber, Elad Gil, J.D. Fagan, Matt Macinnis, Mike Vernal, Scott Belsky, Thibaud Elziere | |
| Jul 1, 2018 | $2.0M Seed | 20VC, Andreessen Horowitz, Fika Ventures, Freestyle Capital, Mucker Capital, Clark Landry |