Alter (Multimedia and Design Software) Overview
- Year Founded
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2017

- Status
-
Acquired/Merged
- Employees
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23

- Latest Deal Type
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M&A
- Latest Deal Amount
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$100M
- Investors
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2
Alter (Multimedia and Design Software) General Information
Description
Developer of 3D avatar system designed to empower developers to build and monetize novel experiences. The company's avatar system converts the graphic form into a code based on face recognition technology, which is then transmitted with zero data load, thereby streaming user's facial expressions via the avatar without showing their real likeness, enabling users to show avatars into their app, game or website and preserve their privacy while gaming or using any other application.
Contact Information
Website
www.alter.xyzCorporate Office
- 321 East 73rd Street, 3rd Floor
- Suite GF
- New York, NY 10021
- United States
Corporate Office
- 321 East 73rd Street, 3rd Floor
- Suite GF
- New York, NY 10021
- United States
Alter (Multimedia and Design Software) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 01-Aug-2022 | $100M | Completed | Generating Revenue | ||
4. Later Stage VC | 06-Apr-2022 | Completed | Generating Revenue | |||
3. Seed Round | 07-Oct-2021 | Completed | Generating Revenue | |||
2. Seed Round | 12-Jul-2018 | $1.23M | $1.43M | Completed | Generating Revenue | |
1. Accelerator/Incubator | 03-Apr-2018 | $200K | $200K | Completed | Generating Revenue |
Alter (Multimedia and Design Software) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Seed | ||||||||
Seed D | ||||||||
Seed C | ||||||||
Seed B | 1,654,888 | $0.000010 | $0.34 | $0.34 | 1x | $0.34 | 5.4% | |
Seed A | 707,526 | $0.000010 | $0.28 | $0.28 | 1x | $0.28 | 2.31% |
Alter (Multimedia and Design Software) Comparisons
Industry
Financing
Details
Alter (Multimedia and Design Software) Competitors (2)
One of Alter (Multimedia and Design Software)’s 2 competitors is Pinscreen, a Venture Capital-Backed company based in Los Angeles, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Pinscreen | Venture Capital-Backed | Los Angeles, CA | ||||
WorldViz | Venture Capital-Backed | Santa Barbara, CA |
Alter (Multimedia and Design Software) Patents
Alter (Multimedia and Design Software) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
DE-2064179-A1 | Cargo ship for cargo handling in the shallow water area | Pending | 29-Dec-1970 |
Alter (Multimedia and Design Software) Signals
Alter (Multimedia and Design Software) Former Investors (18)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Abe Burns | Angel (individual) | Minority | ||
Betaworks Ventures | Venture Capital | Minority | ||
Bryan Rosenblatt | Angel (individual) | Minority | ||
Chris Anthony | Angel (individual) | Majority | ||
Christopher Lee | Angel (individual) | Minority |
Alter (Multimedia and Design Software) Acquisitions (1)
Alter (Multimedia and Design Software)’s most recent deal was a Merger/Acquisition with Comixify.ai. The deal was made on 07-Jul-2022.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Comixify.ai | 07-Jul-2022 | Merger/Acquisition | Multimedia and Design Software |
Alter (Multimedia and Design Software) FAQs
-
When was Alter (Multimedia and Design Software) founded?
Alter (Multimedia and Design Software) was founded in 2017.
-
Where is Alter (Multimedia and Design Software) headquartered?
Alter (Multimedia and Design Software) is headquartered in New York, NY.
-
What is the size of Alter (Multimedia and Design Software)?
Alter (Multimedia and Design Software) has 23 total employees.
-
What industry is Alter (Multimedia and Design Software) in?
Alter (Multimedia and Design Software)’s primary industry is Multimedia and Design Software.
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Is Alter (Multimedia and Design Software) a private or public company?
Alter (Multimedia and Design Software) is a Private company.
-
What is the current valuation of Alter (Multimedia and Design Software)?
The current valuation of Alter (Multimedia and Design Software) is
. -
What is Alter (Multimedia and Design Software)’s current revenue?
The current revenue for Alter (Multimedia and Design Software) is
. -
How much funding has Alter (Multimedia and Design Software) raised over time?
Alter (Multimedia and Design Software) has raised $4.68M.
-
Who are Alter (Multimedia and Design Software)’s investors?
Abe Burns, Betaworks Ventures, Bryan Rosenblatt, Chris Anthony, and Christopher Lee are 5 of 18 investors who have invested in Alter (Multimedia and Design Software).
-
Who are Alter (Multimedia and Design Software)’s competitors?
Pinscreen and WorldViz are competitors of Alter (Multimedia and Design Software).
-
When was Alter (Multimedia and Design Software) acquired?
Alter (Multimedia and Design Software) was acquired on 01-Aug-2022.
-
Who acquired Alter (Multimedia and Design Software)?
Alter (Multimedia and Design Software) was acquired by Alphabet.
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