About Altia Systems
Altia Systems is a Technology company based in Cupertino (United States) founded in 2011, and was acquired by GN Group in February 2019. Panoramic USB video cameras and desktop collaboration systems are developed. Altia Systems has raised $37.32 million across 4 funding rounds from investors including GN Group, Entropy Resins and Intel Capital. The company has 20 employees. Its focus areas include Consumer Goods, Imaging Products, Cameras & Accessories and Cameras.
Company details
Altia Systems was founded in 2011 in Cupertino, United States. Hardware for video collaboration is produced by the company, focusing on USB plug-and-play panoramic cameras and integrated video-desktop systems. These solutions are designed for seamless connectivity in professional settings. Operations center on the technology sector, with products aimed at enhancing remote communication. Geography is primarily based in the United States, supporting global distribution through the domain altiasystems.com.
- Headquarters Cupertino, United States
- Employees 20
- Stage Acquired
- SectorsTechnology
- Website altiasystems.com
- Social LinkedIn
- Acquired by GN Group (Feb 2019)
Funding Insights of Altia Systems
Altia Systems has successfully raised a total of $37.32M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $9.45 million completed in February 2017. 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 $37.32M
- Total Rounds 4
- Last Round Series B — $9.45M
- First Round $6.7M
(Oct 2013)
- Investors Count 7
All 4 funding rounds of Altia Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2017 | $9.45M | Series B | – | – | – |
| Apr 2014 | $10.5M | Series B | – | – | |
| Dec 2013 | $10.67M | Series B | – | – | – |
| Oct 2013 | $6.7M | Series A | – | Dallas Venture Capital |
8 investors in total: 6 institutional and 2 angel.
Investors in Altia Systems
Altia Systems has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include GN Group, Entropy Resins and Intel Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Venture capital fund and startup accelerator focused on technology sectors | dallasvc.com | Irving, United States | ||
Early-stage venture capital investments are made by Lanza techVentures. | lanzatechventures.com | Palo Alto, United States | ||
| tallwoodvc.com | ||||
Provider of biobased epoxy resins for various projects and applications | 2009 | entropyresins.com | Hayward, United States | |
RB Rey Banatao | Indian angel investor, tech enthusiast, supporting early-stage startups | unknown_99f10a76a3724b7ab | ||
DB Dado Banatao | Philippine-American tech pioneer, angel investor, founder of Tallwood Venture Capital. | unknown_97e2b3e77fbf43f9a | ||
GN Group is engaged in audio technology and hearing solutions. | 1869 | gn.com | Ballerup, Denmark |
Investor details for Altia Systems
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Timeline of Altia Systems
4 dated milestones of Altia Systems across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Altia Systems is founded.
- Funding First funding round of $6.7M.
- Funding Latest funding round, Series B, of $9.4M.
- Exit Acquired by GN Group.
Top companies in Imaging Products
3 companies that operate in the same segment as Altia Systems (Imaging Products) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Imaging technology is supplied through hardware, software, and services. | 1892 | United States | USD 507.95 M | USD 1.07 B | 3,900 | |
IoT and cloud-enabled imaging products are supplied to businesses worldwide. | 1991 | Lexington, Kentucky, United States | USD 16.15 M | 340 | ||
Epson is recognized as a provider of printers and imaging solutions. | 1975 | Los Angeles, California, United States |
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Frequently Asked Questions about Altia Systems
Altia Systems was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Altia Systems is headquartered in Cupertino, United States. It is registered at Cupertino, California, United States.
Altia Systems is a funded company, having raised a total of $37.32M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6.7M, raised on Oct 2013.
Altia Systems has 20 employees.
Altia Systems was founded in 2011 in Cupertino, United States. Hardware for video collaboration is produced by the company, focusing on USB plug-and-play panoramic cameras and integrated video-desktop systems. These solutions are designed for seamless connectivity in professional settings. Operations center on the technology sector, with products aimed at enhancing remote communication. Geography is primarily based in the United States, supporting global distribution through the domain altiasystems.com.
Altia Systems has 8 investors. Key investors include GN Group, Entropy Resins, Intel Capital, Dallas Venture Capital, and Rey Banatao.
Yes. Altia Systems was acquired by GN Group in February 2019.