About Altobridge
Altobridge is a Telecommunications company based in Tralee (Ireland) founded in 2002, and was acquired by ST Engineering iDirect in January 2015. Patented RAN satellite solutions for cost-effective wireless networks are offered. Altobridge has raised $19.8 million across 2 funding rounds from investors including International Finance Corporation, ST Engineering iDirect and Intel Capital. The company was acqui-hired. Its focus areas include Telecom, Telecom Infrastructure Tech, Transport Network and Software.
Company details
Patented RAN satellite solution. The platform provides wireless network solutions that reduce capital and operating cost for the delivery of voice and mobile broadband services. The company is a 2G or 3G satellite backhauled, solar-powered BSS or RAN solution. It uses a sectioned antenna pole that optimizes satellite backhaul and minimizes power consumption. Data-at-the-Edge is a mobile data optimization solution for rural and urban markets.
- Headquarters Tralee, Ireland
- Stage Acquired
- SectorsTelecommunications
- Website altobridge.com
- Social LinkedIn X
- Acquired by ST Engineering iDirect (Jan 2015)
- Total Equity Funding$19.8M (USD)
in 2 rounds
- Latest Funding Round$7.8M (USD), Series C
Feb 2013
- InvestorsInternational Finance Corporation
& 2 more
- Acquired byST Engineering iDirect
(Jan 2015)
Funding Insights of Altobridge
Altobridge has successfully raised a total of $19.8M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $7.8 million completed in February 2013. 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 $19.8M
- Total Rounds 2
- Last Round Series C — $7.8M
- First Round $12M
(Mar 2011)
- Investors Count 2
All 2 funding rounds of Altobridge 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 2013 | $7.8M | Series C | – | – | |
| Mar 2011 | $12M | Series C | – | – |
3 investors in total: 3 institutional.
Investors in Altobridge
Altobridge has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include International Finance Corporation, ST Engineering iDirect and Intel Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Satellite communications deployment services are provided worldwide. | 1994 | idirect.net | Herndon, United States |
Investor details for Altobridge
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Altobridge
4 dated milestones of Altobridge across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Altobridge is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series C, of $7.8M.
- Exit Acquired by ST Engineering iDirect.
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Frequently Asked Questions about Altobridge
Altobridge was founded in 2002 and raised its 1st funding round 9 years after it was founded.
Altobridge is headquartered in Tralee, Ireland.
Altobridge is a funded company, having raised a total of $19.8M across 2 funding rounds to date. The company's 1st funding round was a Series C of $12M, raised on Mar 2011.
Patented RAN satellite solution. The platform provides wireless network solutions that reduce capital and operating cost for the delivery of voice and mobile broadband services. The company is a 2G or 3G satellite backhauled, solar-powered BSS or RAN solution. It uses a sectioned antenna pole that optimizes satellite backhaul and minimizes power consumption. Data-at-the-Edge is a mobile data optimization solution for rural and urban markets.
Altobridge has 3 investors. Key investors include International Finance Corporation, ST Engineering iDirect, and Intel Capital.
Yes. Altobridge was acquired by ST Engineering iDirect in January 2015.