As the Colorado Springs entrepreneurial ecosystem continues to grow, successful companies are paving the way for the next generation of startups in the Pikes Peak region. One such success story is Altia, a graphical user interface technology (GUI) company that is working to improve display screens in cars and other products that utilize IoT. Founded in 1991, Altia has grown to 60-plus employees and recently relocated its headquarters to downtown Colorado Springs to be better connected to the city’s growing tech and business sector and a workforce that is eager to work and play downtown.
Recently, Forbes featured Altia for the company’s work in auto GUI and the future of semi-autonomous cars. CEO Mike Juran spoke on the importance of streamlining screens in cars so that drivers are less distracted on the roads and the overall experience for passengers is simplified. Altia is currently developing advanced technologies such as augmented-reality displays on side and rear windows of cars – pushing the envelope for the display tech industry as a whole. According to The Gazette, Juran hopes that by 2025, everyone in the world will use an interface designed with Altia software at least once a day. The company already has its hand in the interactive displays of more than 17 million vehicles, ranging from the Ford Focus to the Lamborghini.
This exciting national coverage comes following a strong summer for Colorado Springs’ startup ecosystem and tech companies. Peak Innovation’s Startup Week saw another successful year of new companies turning out for networking, training and mentoring opportunities. Cherwell Software, a global leader in enterprise service management, received an additional $172 million from investment firm KKR this past April – the largest-ever venture capital investment for a Colorado Springs company. Downtown has continued to see major development with the revitalization of the southern district near the U.S. Olympic & Paralympic Museum. Officials expect the project to spur $2 billion in private development over the next 20 years.
Companies seeking investment and opportunity in Colorado Springs can be inspired by the success of tech companies like Altia that are headquartered in the region. To learn more about entrepreneurial opportunities in the region, visit our small business webpage for further information.