Altiostar

Tewksbury, United States Founded: 2011 • Age: 15 yrs Acquired By Rakuten
Cloud-based virtualized RAN and NFV software is provided for enterprises.
Annual revenue $79.8M Latest available
Total funding $317.0M 10 rounds
Employees 741 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Altiostar

Altiostar is a company based in Tewksbury (United States) founded in 2011 was acquired by Rakuten in August 2021. Altiostar has raised $317.04 million across 10 funding rounds from investors including Rakuten, Tech Mahindra and Telefónica. The company has 741 employees as of April 01, 2024. Altiostar operates in a competitive market with competitors including VMware, Mavenir, Ericsson, NEC and ZTE, among others.

  • Headquarter Tewksbury, United States
  • Employees 741 as on 01 Apr, 2024
  • Sectors
    Technology
    Telecommunications
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Altiostar Networks India Private Limited
  • Date of Incorporation 30 Jan, 2012
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $79.82 M (USD)
    13.54
    as on Mar 31, 2023
  • Net Profit
    $7.58 M (USD)
    11.03
    as on Mar 31, 2023
  • EBITDA
    $19.02 M (USD)
    26.18
    as on Mar 31, 2023
  • Total Equity Funding
    $317.04 M (USD)

    in 10 rounds

  • Latest Funding Round
    $4 M (USD), Series C

    Oct 11, 2019

  • Investors
    Rakuten

    & 4 more

  • Employee Count
    741

    as on Apr 01, 2024

  • Acquired by
    Rakuten

    (Aug 04, 2021)

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People of Altiostar

Headcount 200-500
Employee Profiles 124
Board Members and Advisors 6
Employee Profiles
People
Ashwani Kumar Pathak
Principal Member Of Technical Staff
People
Jaya Pavan Kumar Bhattiprolu
Devops Technologist
People
Subham Sutradhar
Senior Member Of Customer Engineer
People
Thierry Maupilé
EVP, Strategy & Product Management

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Board Members and Advisors
people
Paul J. Milbury
Board Member
people
Stein Lundby
Board Member
people
Yoshihisa Yamada
Board Member

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Funding Insights of Altiostar

Altiostar has successfully raised a total of $317.04M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $4 million completed in October 2019. 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.

Investors in Altiostar

Altiostar has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Rakuten, Tech Mahindra and Telefónica.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investing in technology sectors such as AI and automotive.
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Technology investments and expertise in networking, cloud, and security services.
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Mobile and fixed-line telephony services are provided globally by Telefonica.
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Investor details for Altiostar

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Investments & Acquisitions by Altiostar

Investments
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Investment portfolio details for Altiostar

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Financial Statements - Altiostar

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Detailed financials for Altiostar

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Altiostar Comparisons

Altiostar Primary company
Description
Cloud-based virtualized RAN and NFV software is provided for...
Location
Tewksbury, United States
Founded Year
2011
Annual Revenue
$79.82 M (USD)
Net Profit
$7.58 M (USD)
EBITDA
$19.02 M (USD)
Employees
741
As of 2024
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Peer comparison for Altiostar

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Competitors of Altiostar

Altiostar 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 VMware, Mavenir, Ericsson, NEC and ZTE, among others.

Company Name Domain Founded year HQ Location Description
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Cloud orchestration solutions are provided for multi-cloud and device applications.
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Multi-access edge networking computing platform is provided for mobile services.
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Telecom equipment and software solutions are provided for networks.
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Cloud-based IT and networking solutions are provided globally.
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Enterprise SD WAN network management solutions are provided globally.
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Provider of the virtual gateway, small cells, and cloud and open RAN solutions
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Detailed competitors of Altiostar

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Latest news on Altiostar

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Complete news archive for Altiostar

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Frequently Asked Questions about Altiostar

Altiostar was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Altiostar is headquartered in Tewksbury, United States. It is registered at Tewksbury, Massachusetts, United States.

Altiostar is a funded company, having raised a total of $317.04M across 10 funding rounds to date.

As of Apr 01, 2024, the latest employee count at Altiostar is 741.

Annual revenue of Altiostar is $79.82M as on Mar 31, 2023.

Altiostar was founded in 2011 and is headquartered in Tewksbury, United States. Enterprise solutions in virtualized radio access networks and network functions virtualization are delivered through a cloud platform. A carrier-grade NFV platform based on open source is maintained. eNodeB modules have been developed as virtual network functions labeled vBBU. Cloud-RAN capabilities are applied in LTE-A networks, with macro iRRH radios supplied for outdoor LTE coverage.

Altiostar's top competitors include VMware, Mavenir and ZTE.

Altiostar has 5 investors. Key investors include Rakuten, Tech Mahindra, Telefónica, Cisco Investments, and Qualcomm Ventures.

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