Altair Semiconductor is an Israeli company, now part of Sony Semiconductor IL, and a leading provider of Cellular IoT chipsets. Founded in 2005, the company has been at the forefront of the Information Technology, Manufacturing, Mobile, and Semiconductor industries. Altair's technology and market leadership have positioned it as a pivotal player in realizing the vision of the Internet of Things (IoT). The company's ultra-low-power and ultra-small chipset solutions have facilitated the expansion of IoT to include various connected devices. Altair's chipsets are widely used in wearables, vehicle telematics, smart utility meters, personal & logistics trackers, home appliances, consumer electronics, and many other IoT devices. In a significant development, Altair became part of Sony’s Semiconductor Solutions Corporation in February 2016, combining its leadership in cellular IoT with Sony's technology and market leadership. The company proudly ships millions of chipsets to customers around the world, connecting to the world’s top tier-1 cellular networks. The company received its last Venture Round investment on 19 November 2014, with SanDisk Ventures participating as the investor. Altair's 5G ready chipset solutions have been instrumental in inspiring new cellular IoT opportunities, keeping devices connected to today’s LTE networks and ready for 5G IoT.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 1 | SanDisk Ventures | 19 Nov 2014 |
Series F | $25.00M | 4 | Jerusalem Venture Partners (JVP) | 06 Jun 2014 |
Series E | $25.00M | 5 | Jerusalem Venture Partners (JVP) | 01 Jul 2013 |
Series D | $26.00M | 5 | Jerusalem Venture Partners (JVP) | 10 Apr 2011 |
Series C | $22.00M | 2 | 23 Sep 2008 |
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