Altair Semiconductor

Acquired

Altair | LTE for cellular IoT chipsets: LPWA, M2M

Hod HaSharon, Israel · Founded 2005 · $149.0M raised

Headquarters
Hod HaSharon
Employees
51–200
Founded
2005
Business Model
B2B
Total Funding
$149.0M
Last Round
$50.0M Venture RoundApr 2026
Rounds
7
Acquired by
SonyJan 2016 · $212.0M

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Altair Semiconductor is an Israeli fabless chipmaker specializing in cellular IoT connectivity, developing LTE Cat-M, NB-IoT, and LPWA modems for M2M and IoT applications. Founded in 2005, the company was acquired by Sony in 2016 and continues to operate as a Sony subsidiary developing next-generation AI-enabled IoT chipsets from its Hod HaSharon headquarters.

Summary

Altair Semiconductor is a Developer Tools company based in Hod HaSharon, Israel, founded in 2005. It has raised $149.0M in total across 7 rounds, most recently a $50.0M Venture Round in Apr 2026. Investors include Jerusalem Venture Partners, Bessemer Venture Partners and BRM Capital.

Tech & App Stack

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Funding History

Venture RoundVenture RoundApr 2026
$50.0M

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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.

Investors

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