Sony Altair

Hod Hasharon, Israel Founded: 2005 • Age: 21 yrs Acquired By Sony
LTE chipsets are developed for IoT and mobile devices.
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About Sony Altair

Sony Altair is a company based in Hod Hasharon (Israel) founded in 2005 was acquired by Sony in January 2016. It operates as a API-as-a-Product, and B2B2C. Sony Altair has raised $124 million across 7 funding rounds from investors including Bessemer Venture Partners, SanDisk and Sony. Sony Altair offers products and services including ALT1250, ALT1350, ALT1255, and ALT1160. Sony Altair operates in a competitive market with competitors including Qualcomm, Truphone, U-blox, MaxLinear and Soracom, among others.

  • Headquarter Hod Hasharon, Israel
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sony Semiconductor Israel Ltd.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $124 M (USD)

    in 7 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Sony

    (Jan 26, 2016)

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Products & Services of Sony Altair

Sony Altair offers a comprehensive portfolio of products and services, including ALT1250, ALT1350, ALT1255, and ALT1160. 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.

Primary

Dual-mode chipset for IoT with 2G fallback.

Advanced chipset designed for low-power IoT applications.

Specialized modem for narrowband IoT connectivity solutions.

Modem supporting LTE CAT-1 for IoT devices.

Funding Insights of Sony Altair

Sony Altair has successfully raised a total of $124M across 7 strategic funding rounds. 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 Rounds 7
  • Last Round
  • First Round

    (08 Dec 2005)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2014 Amount Series D - Sony Altair Valuation

investors

Mar, 2014 Amount Series D - Sony Altair Valuation

investors

Jul, 2013 Amount Series D - Sony Altair Valuation Bessemer Venture Partners , BRM
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 Sony Altair

Sony Altair has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, SanDisk and Sony. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech and offline focused VC investment company investing in geographies such as Israel
Founded Year Domain Location
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
Founded Year Domain Location
Investment and technology solutions are provided by BRM Group.
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 Sony Altair

Investments
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 - Sony Altair

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Sony Altair Comparisons

Employees
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Competitors of Sony Altair

Sony Altair 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 Qualcomm, Truphone, U-blox, MaxLinear and Soracom, 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
Provider of cloud and AI-based cellular communication ICs
domain founded_year HQ Location
International mobile services are provided under various brands for enterprises.
domain founded_year HQ Location
ICs for cellular communication and GPS solutions are provided.
domain founded_year HQ Location
Integrated circuits for cellular and broadband communications are provided.
domain founded_year HQ Location
Provider of cellular connectivity for IoT
domain founded_year HQ Location
Cellular connectivity solutions for IoT and mobile transactions are provided.
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 Sony Altair

2024 wafers down 2.7%; wafer revenues down 6.5%
Electronicsweekly11 months ago
AT&T, Verizon make separate asset tracking moves
Mobileworldlive4 years ago

Frequently Asked Questions about Sony Altair

When was Sony Altair founded?

Sony Altair was founded in 2005.

Where is Sony Altair located?

Sony Altair is headquartered in Hod Hasharon, Israel. It is registered at Hod Hasharon, Central District, Israel.

Is Sony Altair a funded company?

Sony Altair is a funded company, having raised a total of $124M across 7 funding rounds to date. The company's 1st funding round was a Series D of $25M, raised on Dec 08, 2005.

What does Sony Altair do?

Cellular IoT chipsets are developed and supplied by Sony Altair, focusing on low-power, highly integrated solutions for LTE CAT-M and NB-IoT applications. The company serves multiple sectors including smart meters, wearables, trackers, vehicle telematics, and smart cities. Security and long battery life are prioritized in their offerings, ensuring compatibility with 5G networks. Partnerships with global vendors are maintained to deliver cost-efficient modules for industrial and consumer IoT needs.

Who are the top competitors of Sony Altair?

Sony Altair's top competitors include Qualcomm, U-blox and 1NCE.

What products or services does Sony Altair offer?

Sony Altair offers ALT1250, ALT1350, ALT1255, and ALT1160.

Who are Sony Altair's investors?

Sony Altair has 9 investors. Key investors include Bessemer Venture Partners, SanDisk, Sony, Jerusalem Global Ventures, and BRM.

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