Altair Semiconductor
Single-mode LTE Telecom Chipsets
StartupAltair Semiconductor is a Hod HaSharon-based startup in the Industrial Technologies sector, established in 2005. Single-mode LTE Telecom Chipsets. The company has raised a total of $174M across 7 funding rounds, currently at the Acquired stage. Altair Semiconductor was founded by Yigal Bitran, Eran Eshed, Oded Melamed. Key investors include Pitango Growth, Jerusalem Global Ventures, Bessemer Venture Partners, among 9 total investors. The company has 51-200 employees. Core technologies: Semiconductors & Electronics, Chipsets.
With $174M in total funding, Altair Semiconductor is a Acquired-stage company operating in Industrial Technologies. The company follows a B2B business model. Product stage: Released.
- StageAcquired
- ProductReleased
- ModelB2B
- Employees51-200
- HQHod HaSharon
- DistrictCenter District
- Last Round$50M
- Pitango Growth
- Jerusalem Global Ventures
- Bessemer Venture Partners
9 investors total
Yigal BitranCo-Founder & CTO
Eran EshedCo-founder
Oded MelamedCo-founder
17 articles covered by sources including www.altairsemi.com,
iot-now.com,
spacenews.com,
www.iotevolutionworld.com,
www.thefastmode.com.
What does Altair Semiconductor do?
Altair Semiconductor develops cellular IoT chipsets that provide low-power, secure connectivity for connected devices such as smart utility meters, asset trackers, wearables, vehicle telematics, smart-city infrastructure, home appliances, and industrial IoT systems. Its LTE Cat-M and NB-IoT platforms, including the ALT1250 and ALT1350, integrate modem, RF, security, iSIM, and low-power processing capabilities to help device makers connect products to cellular networks with lower power consumption and smaller hardware footprints. Founded in Israel in 2005, Altair was acquired by Sony in 2016 and later operated as Sony Semiconductor Israel. In 2026, the company completed a spinout from Sony Semiconductor Solutions and returned to operating under the Altair Semiconductor name, with Sony retaining a minority stake.
How much funding has Altair Semiconductor raised?
Altair Semiconductor has raised $174M in total funding across 7 rounds. The company is currently at the Acquired stage. Key investors include Pitango Growth, Jerusalem Global Ventures, Bessemer Venture Partners.
Who founded Altair Semiconductor?
Altair Semiconductor was founded in 2005 by Yigal Bitran (Co-Founder & CTO), Eran Eshed (Co-founder), Oded Melamed (Co-founder).
What sector is Altair Semiconductor in?
Altair Semiconductor operates in Industrial Technologies, Microelectronics & Photonics Solutions, with core technologies in Semiconductors & Electronics, Chipsets. Target customers: Commerce & Retail, Consumer Goods, Consumer Electronics, Industrial Manufacturing, Discrete Industries, Automotive.
Where is Altair Semiconductor located?
Altair Semiconductor is based in HaHarash Street 6, Hod Hasharon, Israel, Center District. The company also has offices abroad.