About Altitun
Altitun is a company based in Stockholm (Sweden) founded in 1997 was acquired by Visma in December 2003. Altitun has raised $10 million across 1 funding round from investors including Visma, Telia Company and Kennet Partners. Altitun operates in a competitive market with competitors including nLIGHT, Toptica Photonics, Coherent, M Squared and NeoPhotonics, among others.
- Headquarter Stockholm, Sweden
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Technology
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Funding Insights of Altitun
Altitun has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series B round of $10 million completed in December 1999. 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 Altitun
Altitun has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Visma, Telia Company and Kennet Partners.
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Tech and offline focused VC firm investing primarily in the US and Europe
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An international investment group focused on sustainable value creation.
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Integrated telecom and TV services are offered to Swedish customers.
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Investor details for Altitun
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Investments & Acquisitions by Altitun
Investment portfolio details for Altitun
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Financial Statements - Altitun
Detailed financials for Altitun
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Altitun Comparisons
Peer comparison for Altitun
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Competitors of Altitun
Altitun 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 nLIGHT, Toptica Photonics, Coherent, M Squared and NeoPhotonics, among others.
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Fiber lasers are developed and supplied for industrial applications.
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Diode lasers are manufactured for scientific and industrial applications.
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Laser-based and photonics products are manufactured for multiple applications.
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Light-sheet microscopy systems are developed for biosciences verticals.
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Diversified lasers and optoelectronic products are manufactured for optical networks.
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Laser-based photonic systems are developed for industrial and research sectors.
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Detailed competitors of Altitun
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Latest news on Altitun
Complete news archive for Altitun
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Frequently Asked Questions about Altitun
Altitun was founded in 1997 and raised its 1st funding round 2 years after it was founded.
Altitun is headquartered in Stockholm, Sweden.
Altitun is a funded company, having raised a total of $10M across 1 funding round to date.
Altitun was founded in 1997 in Stockholm, Sweden, focusing on the telecommunications sector. Tunable lasers were developed by the company for fiber-optic and high-bandwidth networks, with an integrated electronics control package provided for management and integration. This technology was designed to support increased capacities in broadband networks. The company was acquired by ADC Solutions in 2000 and subsequently by Visma Software in 2003.
Altitun has 5 investors. Key investors include Visma, Telia Company, Kennet Partners, Vision Capital, and ADC - A Different Company.