When was Magnolia Broadband founded?

Magnolia Broadband was founded in 2000 and raised its 1st funding round 3 years after it was founded.

Where is Magnolia Broadband located?

Magnolia Broadband is headquartered in Englewood, United States. It is registered at Englewood, New Jersey.

Who is the current CEO of Magnolia Broadband?

Osmo Hautanen of Magnolia Broadband.

How many employees does Magnolia Broadband have?

As of Apr 30, 2026, the latest employee count at Magnolia Broadband is 5.

Is Magnolia Broadband a funded company?

Magnolia Broadband is a funded company, having raised a total of $38M across 7 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Jul 07, 2003.

When was the latest funding round of Magnolia Broadband?

Magnolia Broadband's latest funding was a $***** Series E round on Jul 08, 2013, with participation from 1 investor. Its primary sector is Analog and Mixed Signal ICs. In United States, the Analog and Mixed Signal ICs sector has seen $2.56B in funding in 2026 to date.

Where does Magnolia Broadband rank among its competitors?

Magnolia Broadband ranks 76th amongst 191 active competitors, of which 25 are funded. It stands 5th 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 Magnolia Broadband?

Magnolia Broadband's top competitors include Altair, U-blox and Sierra Wireless. Among them, Altair secured the most recent funding round in April, 2026.

Magnolia Broadband - 2026 Company Profile, Team, Funding & Competitors

Company Details

Magnolia Broadband is a fabless semiconductor company and the inventor of Mobile Transmit Diversity (MTD), a beam forming technology for wireless communication. Its technology allows higher data throughput and improves network coverage (upto 40%) while maintaining battery life. Its product DiversityPlus is based on antenna architecture, supports multi-band CDMA2000 protocols, and is fabricated on standard SiGe. The company has been granted over 100 patents for its technology, of which 50 have been acquired by Google including MTD.

Website: magnoliabroadband.com
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Registered Address: Englewood, New Jersey

Key Metrics

Founded Year

2000

Location

Englewood, United States

Stage

Deadpooled

Total Funding

$38M in 7 rounds

Latest Funding Round

Series E, Jul 08, 2013, $*****

Investors

Western Technology Investment & 9 more

Ranked

76^th among 191 active competitors

Employee Count

5 as on Apr 30, 2026

Similar Companies

Altair & 87 more

View Magnolia Broadband's full profile

Magnolia Broadband is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Magnolia Broadband Inc. CIN: 134107493 , United States, Active	Dec 26, 999	-	4 (As on Dec 31, 2020)	-

Magnolia Broadband has raised a total funding of $38M over 7 rounds. Its first funding round was on Jul 07, 2003. Its latest funding round was a Series E round on Jul 08, 2013 for $*****. 1 investor participated in its latest round. Magnolia Broadband has 10 institutional investors.

Here is the list of recent funding rounds of Magnolia Broadband:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 08, 2013	5791015	Series E	2787431	3326613	9739472	2618179
Aug 18, 2009	4414377	Series E	5002582	5082446	9095448	9580961
Mar 12, 2008	9493079	Series E	1370921	7078085	2932769	8547675

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View details of Magnolia Broadband's funding rounds and investors

The founders of Magnolia Broadband is Haim Harel.

Here are the details of Magnolia Broadband's key team members:

Haim Harel: Founder, President & CTO of Magnolia Broadband.
Osmo Hautanen: CEO of Magnolia Broadband.

View details of Magnolia Broadband's Founder profiles and Board Members

Magnolia Broadband's employee count trend

Magnolia Broadband has 5 employees as of Apr 26. Here is Magnolia Broadband's employee count trend over the years:

Employee count trend for Magnolia Broadband

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Top competitors of Magnolia Broadband include Altair, U-blox and Sierra Wireless. Here is the list of Top 10 competitors of Magnolia Broadband, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Altair 2005, Hod Hasharon (Israel), Acquired	Developer of LTE chipsets	$124M	JVP, BRM & 13 others	70/100
2nd	U-blox 1997, Thalwil (Switzerland), Acquired	Provider of ICs for cellular communication	$12.1M	IoT Evolution, Cipio Partners & 3 others	68/100
3rd	Sierra Wireless 1993, Richmond (Canada), Acquired	Provider of communication modules for IoT applications	-	CampVentures, Granite Ventures & 3 others	67/100
4th	AMPL 1991, Hyderabad (India), Public	RF and microwave sub-systems provider	$2M	Canbank Venture Capital Fund, Prestellar Ventures ... & 2 others	66/100
5th	Gilat Satellite Networks 1987, Petah Tikva (Israel), Acquired	Solutions and services for satellite-based broadband communications networks	-	Veritas Venture Partners, FIMI Opportunity Funds ... & 3 others	65/100
6th	Tejas Networks 2000, Bengaluru (India), Acquired	Manufacturer of optical and wireless networking products for telecommunications and others	$35M	Sands Capital, Battery Ventures & 7 others	64/100
7th	Kymeta 2012, Seattle (United States), Series E	Provider of flat panel antennas and connectivity services for various sectors	$559M	Lux Capital, Liberty Global & 12 others	64/100
8th	Oxford Space Systems 2013, Harwell (United Kingdom), Series A	Manufacturer of deployable antenna systems for space-based satellite services	$31M	Longwall Venture Partners, Foresight Group ... & 38 others	64/100
9th	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
10th	CesiumAstro 2017, Austin (United States), Series C	Developer of communication systems for space, air, and ground missions	$426M	Airbus Ventures, Trousdale Ventures & 23 others	62/100
76th	Magnolia Broadband 2000, Englewood (United States), Deadpooled	Fabless semiconductor company and the inventor of Mobile Transmit Diversity (MTD)	$38M	Western Technology Investment, The Grosvenor Funds ... & 8 others	34/100