Strategic Acquisition The recent acquisition of Altitude Networks by CoinList indicates a strong strategic move to integrate cloud security within a broader financial and tech ecosystem, presenting opportunities to offer enhanced security solutions for CoinList's expanding user base.
Cloud Security Focus Altitude Networks specializes in SaaS collaboration security for Office 365 and Google Workspace, making it a prime candidate for companies seeking advanced data loss prevention (DLP) and cloud security tools to protect sensitive enterprise data.
Rapid Market Entry Having launched its innovative cloud-native DLP platform recently in 2019, Altitude Networks shows rapid product development and market penetration, suggesting ongoing growth potential and cross-selling opportunities with existing enterprise security clients.
Growth Potential With a revenue of up to 25 million dollars and a small team of 2-10 employees, the company is agile and scalable, offering a flexible engagement model for partners and customers seeking tailored security solutions.
Competitive Landscape Positioned among similarly sized security firms like Censinet and CyberGRX, Altitude Networks' niche focus on cloud collaboration security provides an opportunity to differentiate and target organizations with specific SaaS security needs facing the rise of cloud adoption.