About Italtel
Italtel is a company based in Milan (Italy) founded in 1921 was acquired by Next Alias in June 2024.. Italtel offers products and services including Cyber & OT Security and AI, Analytics & Automation. Italtel operates in a competitive market with competitors including Truphone, Airlinq, Telit Communications, 1NCE and Genband, among others.
- Headquarter Milan, Italy
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Sectors
TechnologyTelecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Italtel S.P.A.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$292.59 K (USD), Grant
Oct 01, 2023
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Investors
Cisco
& 4 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Italtel
Italtel offers a comprehensive portfolio of products and services, including Cyber & OT Security and AI, Analytics & Automation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers solutions for infrastructure and operational security
Provides tools for business process innovation and automation
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Funding Insights of Italtel
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $292,590
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First Round
First Round
(01 Jul 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2023 | Amount | Grant - Italtel | Valuation |
investors |
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| Jan, 2023 | Amount | Grant - Italtel | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Italtel | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Italtel
Italtel has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Cisco, European Union and Exprivia. 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 |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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A private equity firm focused on building long-term business value.
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Founded Year | Domain | Location | |
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AI and saas based cloud security solutions
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Italtel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Italtel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Italtel Comparisons
Competitors of Italtel
Italtel 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 Truphone, Airlinq, Telit Communications, 1NCE and Genband, 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 |
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| domain | founded_year | HQ Location |
International mobile services are provided under various brands for enterprises.
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IoT and SaaS-based provider of application development solutions for connected ecosystems
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Cellular IoT modules, connectivity, platforms, and custom solutions are provided.
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IoT connectivity solutions are provided via SIM cards and platforms.
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Unified communication and IP products are provided for network solutions.
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Provider of cellular IoT modules, global connectivity, and modem cloud services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Italtel
Frequently Asked Questions about Italtel
When was Italtel founded?
Italtel was founded in 1921 and raised its 1st funding round 94 years after it was founded.
Where is Italtel located?
Italtel is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
What does Italtel do?
Italtel was founded in 1921 in Milan, Italy, and operates within the telecommunications and IT sector. Network evolution, cybersecurity, and digital communication solutions are delivered by the company, alongside IT operations and managed services across various industries. Solutions for AI, analytics, automation, cloud adoption, and modern work environments are offered. Smart and vertical solutions tailored to specific business needs are also provided, with a focus on European operations.
Who are the top competitors of Italtel?
What products or services does Italtel offer?
Italtel offers Cyber & OT Security and AI, Analytics & Automation.
Who are Italtel's investors?
Italtel has 5 investors. Key investors include Cisco, European Union, Exprivia, Nextalia SGR, and CD&R.
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