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
TechnologyTelecommunications
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Altiostar Networks India Private Limited
- Date of Incorporation 30 Jan, 2012
- Jurisdiction Bangalore South, Karnataka, India
-
Annual Revenue
$79.82 M (USD)13.54as on Mar 31, 2023
-
Net Profit
$7.58 M (USD)11.03as on Mar 31, 2023
-
EBITDA
$19.02 M (USD)26.18as 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)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series C — $4.0M
-
First Round
First Round
(03 Apr 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series C - Altiostar | Valuation | Telefonica |
|
| Feb, 2019 | Amount | Series C - Altiostar | Valuation | Rakuten , Qualcomm Ventures |
|
| Aug, 2017 | Amount | Series C - Altiostar | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Venture capital investing in technology sectors such as AI and automotive.
|
Founded Year | Domain | Location | |
|
Technology investments and expertise in networking, cloud, and security services.
|
Founded Year | Domain | Location | |
|
Mobile and fixed-line telephony services are provided globally by Telefonica.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Altiostar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Altiostar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altiostar Comparisons
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. 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 |
Cloud orchestration solutions are provided for multi-cloud and device applications.
|
|
| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
|
|
| domain | founded_year | HQ Location |
Telecom equipment and software solutions are provided for networks.
|
|
| domain | founded_year | HQ Location |
Cloud-based IT and networking solutions are provided globally.
|
|
| domain | founded_year | HQ Location |
Enterprise SD WAN network management solutions are provided globally.
|
|
| domain | founded_year | HQ Location |
Provider of the virtual gateway, small cells, and cloud and open RAN solutions
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Altiostar
Frequently Asked Questions about Altiostar
When was Altiostar founded?
Altiostar was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Altiostar located?
Altiostar is headquartered in Tewksbury, United States. It is registered at Tewksbury, Massachusetts, United States.
Is Altiostar a funded company?
Altiostar is a funded company, having raised a total of $317.04M across 10 funding rounds to date. The company's 1st funding round was a Series C of $2M, raised on Apr 03, 2012.
How many employees does Altiostar have?
As of Apr 01, 2024, the latest employee count at Altiostar is 741.
What is the annual revenue of Altiostar?
Annual revenue of Altiostar is $79.82M as on Mar 31, 2023.
What does Altiostar do?
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.
Who are the top competitors of Altiostar?
Who are Altiostar's investors?
Altiostar has 5 investors. Key investors include Rakuten, Tech Mahindra, Telefónica, Cisco Investments, and Qualcomm Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.