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High Tech Series C Founded 2005

Altair Semiconductor

Manufacturer of cellular internet of things modems and chipsets. These products provide connectivity for industrial and consumer hardware, including trackers, smart meters, and wearable devices. The hardware integrates security features and power management capabilities to support network communication. The technology enables data transmission for various connected devices across cellular networks. The company was…

📍 Hod Hasharon, Israel · Internet of Things Infrastructure

Funding snapshot

Last roundSeries C
Amount$50M
Date27 April 2026
Total raised$50M
Team size228

About

Manufacturer of cellular internet of things modems and chipsets. These products provide connectivity for industrial and consumer hardware, including trackers, smart meters, and wearable devices. The hardware integrates security features and power management capabilities to support network communication. The technology enables data transmission for various connected devices across cellular networks. The company was founded in 2005 and headquartered in Hod Hasharon, Israel. It has raised $50M in series c funding, with backing from Pitango. The company operates in the High Tech - Internet of Things Infrastructure space. Its offerings span Internet of Things Infrastructure - IoT Chips - Horizontal. The company's offerings encompass Internet of Things Infrastructure - IoT Chips - Horizontal.

Business model

Internet of Things Infrastructure > IoT Chips > Horizontal

Institutional investors

Pitango

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