About Alta Devices
Alta Devices is a company based in Santa Clara (United States) founded in 2008 was acquired by Hanergy in December 2013.. Alta Devices has raised $72 million across 1 funding round from investors including Kleiner Perkins, August Capital and Crosslink Capital. The company has 286 employees as of December 31, 2022. Alta Devices operates in a competitive market with competitors including First Solar, Oxford Photovoltaics, Swift Solar, Ambient Photonics and Heliatek, among others.
- Headquarter Santa Clara, United States
- Employees 286 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Alta Devices, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$72 M (USD)
in 1 rounds
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Latest Funding Round
$72 M (USD), Private Equity Round
Mar 09, 2011
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Investors
Kleiner Perkins
& 7 more
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Employee Count
286
as on Dec 31, 2022
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Acquired by
Hanergy
(Dec 05, 2013)
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Funding Insights of Alta Devices
Alta Devices has successfully raised a total of $72M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $72 million completed in March 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $72.0M
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First Round
First Round
(09 Mar 2011)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2011 | Amount | Private Equity Round - Alta Devices | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alta Devices
Alta Devices has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Kleiner Perkins, August Capital and Crosslink Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
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Founded Year | Domain | Location | |
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Venture capital is invested in various sectors by Crosslink Capital.
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Founded Year | Domain | Location | |
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Mid-stage venture capital investments and support for tech entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alta Devices
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Alta Devices
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alta Devices Comparisons
Competitors of Alta Devices
Alta Devices operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as First Solar, Oxford Photovoltaics, Swift Solar, Ambient Photonics and Heliatek, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cadmium telluride-based flexible solar modules
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| domain | founded_year | HQ Location |
Perovskite-based solar cells are provided for BIPV applications.
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| domain | founded_year | HQ Location |
Flexible perovskite solar cells are provided using hybrid halide materials.
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| domain | founded_year | HQ Location |
Solar cells are supplied for powering connected IoT devices.
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| domain | founded_year | HQ Location |
Organic solar films and photovoltaic panels are manufactured.
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| domain | founded_year | HQ Location |
Manufactures and sells solar modules for eco-friendly power generation globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alta Devices
Frequently Asked Questions about Alta Devices
When was Alta Devices founded?
Alta Devices was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is Alta Devices located?
Alta Devices is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Is Alta Devices a funded company?
Alta Devices is a funded company, having raised a total of $72M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $72M, raised on Mar 09, 2011.
How many employees does Alta Devices have?
As of Dec 31, 2022, the latest employee count at Alta Devices is 286.
What does Alta Devices do?
Alta Devices was founded in 2008 in Santa Clara, United States, and operates within the solar photovoltaic sector. Gallium arsenide-based solar modules, noted for their high efficiency and flexibility, are manufactured. Additional products encompass solar chargers for mobile devices, solar-integrated wearables, energy sensors that monitor power consumption, and solar solutions tailored for small unmanned devices.
Who are the top competitors of Alta Devices?
Alta Devices's top competitors include First Solar, Oxford Photovoltaics and Swift Solar.
Who are Alta Devices's investors?
Alta Devices has 8 investors. Key investors include Kleiner Perkins, August Capital, Crosslink Capital, DAG Ventures, and NEA.
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