Altamira Technologies, a McLean, VA-based provider of mission-focused analytics and engineering solutions to the U.S. national security community, received an investment of undisclosed amount.
Backers included McNally Capital, ClearSky and Nio Advisors, LLC. In connection with the transaction, Ward McNally, Managing Partner at McNally Capital, will be joining Altamira’s board of directors.
The company intends to use the funds for organic growth, investment in innovative new solutions, as well as for strategic acquisitions.
Led by CEO Ted Davies, Altamira Technologies delivers innovative solutions to the defense, intelligence, and homeland security communities.
The company, which provides advanced engineering, data analytics, and cyber operations services and solutions from research through development and into operations, has experienced a 20%+ CAGR over the past 4 years.