When was Altair founded?

Altair was founded in 2005 and raised its 1st funding round within a year of its incorporation.

Where is Altair located?

Altair is headquartered in Hod Hasharon, Israel.

How many employees does Altair have?

As of Feb 28, 2026, the latest employee count at Altair is 91.

Is Altair a funded company?

Altair is a funded company, having raised a total of $124M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 08, 2005.

When was the latest funding round of Altair?

Altair's latest funding was a $***** Series D round on Apr 30, 2026, with participation from 1 investor.

Where does Altair rank among its competitors?

Altair ranks 2nd amongst 240 active competitors, of which 37 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Altair, which secured $50M in Apr, 2026.

Who are the top competitors of Altair?

Altair's top competitors include U-blox, Soracom and Eseye. Among them, Altair secured the most recent funding round in April, 2026.

Altair - 2026 Company Profile, Team, Funding & Competitors

Q: Is Altair an acquired company?

Altair got acquired by Sony on Jan 26, 2016.

Company Details

Altair is a fabless semiconductor company that is a developer of LTE chipsets. The company's product portfolio consists of LTE for IoT, broadband LTE, and supercharged LTEs. Altair LTE chipsets are used by OEM/ODM of devices like tablets, netbooks, Chromebooks, mobile hotspots, USB dongles, routers, and M2M applications. Verizon Wireless has certified Altair to operate on its 4G LTE network. Altair's chipsets are used by Verizon to power their Ellipsis 7 tablet and are at the core of HP Chromebook 11 LTE.

Website: altair-semi.com
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Email ID: *****@altair-semi.com
Phone Number: +972 **********

Key Metrics

Founded Year

2005

Location

Hod Hasharon, Israel

Stage

Acquired

Total Funding

$124M in 8 rounds

Latest Funding Round

Series D, Apr 30, 2026, $*****

Investors

JVP & 14 more

Ranked

2^nd among 240 active competitors

Employee Count

91 as on Feb 28, 2026

Similar Companies

U-blox & 288 more

Exit Details

Acquired by Sony (Jan 26, 2016)

View Altair's full profile

Altair got acquired by Sony on Jan 26, 2016 at an acquisition amount of $*****.

Click here to take a look at Altair's acquisition in detail

Altair has raised a total funding of $124M over 8 rounds. Its first funding round was on Dec 08, 2005. Its latest funding round was a Series D round on Apr 30, 2026 for $*****. 1 investor participated in its latest round. Altair has 15 institutional investors.

Here is the list of recent funding rounds of Altair:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 30, 2026	1673681	Series D	5987248	4827066	3084735	1897296
Nov 19, 2014	3330215	Series D	8312248	8736245	6161034	SanDisk
Mar 2014	8621573	Series D	2508277	6765026	9086305	Jerusalem Global Ventures

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View details of Altair's funding rounds and investors

The founders of Altair are Yigal Bitran, Oded Melamed and Eran Eshed.

Here are the details of Altair's key team members:

Yigal Bitran: Co-Founder & CTO of Altair.
Oded Melamed: Co-Founder & CEO of Altair.
Eran Eshed: Co-Founder & VP of Altair and founder of 1 other company.

View details of Altair's Founder profiles and Board Members

Altair's employee count trend

Altair has 91 employees as of Feb 26. Here is Altair's employee count trend over the years:

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Top competitors of Altair include U-blox, Soracom and Eseye. Here is the list of Top 10 competitors of Altair, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	U-blox 1997, Thalwil (Switzerland), Acquired	Provider of ICs for cellular communication	$12.1M	IoT Evolution, Cipio Partners & 3 others	72/100
2nd	Altair 2005, Hod Hasharon (Israel), Acquired	Developer of LTE chipsets	$124M	Scale Up Venture Capital, BRM & 13 others	70/100
3rd	Soracom 2014, Tokyo (Japan), Public	Provider of IoT connectivity solutions and platform services for device management	$11.4M	World Innovation Lab, Pavilion Capital Partners ... & 9 others	69/100
4th	Eseye 2007, Guildford (United Kingdom), Series C	IoT connectivity solutions for businesses	$81.8M	Eikon Capital, Sandleton & 31 others	67/100
5th	Syniverse 1987, Tampa (United States), Acquired	Provider of connectivity, mobility, and messaging solutions for various industries	-	Thecarlylegroup.fr, Qualcomm Ventures & 1 others	66/100
6th	1NCE 2017, Cologne (Germany), Series D	Provider of managed connectivity services for low bandwidth hardware devices	$160M	SoftBank Group, I Squared & 13 others	63/100
7th	GCT Semiconductor 1998, San Jose (United States), Public	Developer of chips and modules for 4G LTE and 5G	$351M	Samsung Venture Investment, BoKwang & 25 others	62/100
8th	Truphone 2006, Unterschleissheim (Germany), Series C	Provider of international mobile services	$696M	Wellington Partners Venture Capital, orchidsubtrust.com ... & 39 others	61/100
9th	Teal Communications 2018, Bellevue (United States), Series A	Provider of network orchestration service and eSIM for IoT connectivity	$27.1M	StageDotO, Stormbreaker Ventures & 5 others	60/100
10th	Airlinq 2010, San Ramon (United States), Series B	IoT and SaaS-based provider of application development solutions for connected ecosystems	$23.2M	DCM Ventures, Verizon & 6 others	60/100