# Altinity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/altinity

- Industry: Software
- Headquarters: Berkeley, US
- Website: www.altinity.com
- Total disclosed funding: $4M
- Latest round: Seed (Apr 8, 2020)
- Investors on record: 1

## About

Altinity, Inc. is a technology company specializing in open-source database solutions, primarily offering ClickHouse® for real-time data analytics across various cloud platforms.Founded in 2017 in Berkeley, US, Altinity, Inc. focuses on providing advanced data processing solutions through ClickHouse®. The company raised USD 4.000 mn in Seed funding on April 8, 2020, from Accel and another investor, totaling USD 4.000 mn raised to date. Alexander Zaitsev, Mindaugas Zukas, Mindaugas Žukas, and Peter Zaitsev are among the founders, while Robert Hodges serves as the CEO.Altinity specializes in providing solutions centered around ClickHouse®, an open-source analytical database designed for real-time data processing. Their core offerings include Altinity.Cloud, a fully managed service for ClickHouse across platforms like AWS, GCP, Azure, and Hetzner. Altinity also offers the Altinity Kubernetes Operator for managing ClickHouse clusters, as well as training and support services to enhance implementations. Their clientele includes organizations like OpenAI, IBM, and Lyft, reflecting a strong presence in North America and Europe.Altinity generates revenue mainly through subscription-based models for its managed services and support offerings, including Altinity.Cloud and the Altinity Backup service. Clients typically enter long-term agreements that include monthly or annual billing. The pricing structure varies according to service levels, with additional features available at premium rates. Furthermore, Altinity's training program helps users optimize their ClickHouse implementations, contributing to recurring revenue from service agreements and training fees.Looking ahead, Altinity, Inc. aims to expand its product offerings and market reach. They plan to introduce new features in Altinity.Cloud and enhance their Kubernetes Operator for better performance and usability. The company is targeting expansions into new markets, particularly in Europe and Asia, by the end of 2023. The recent Seed funding of USD 4.000 mn will be utilized to support product development and facilitate their market expansion efforts.

## Funding rounds

- Seed, Apr 8, 2020, $4M — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed