Altair Semiconductor Lands $25,000,000 New Funding

  • Feed Type
  • Date
    7/1/2013
  • Company Name
    Altair Semiconductor
  • Mailing Address
    1400 Preston Rd. Plano, TX 75093
  • Company Description
    Altair is a fabless semiconductor company based in Israel that is developing state of the art, ultra low power mobile WiMAX silicon solutions optimized for handsets and handheld devices.
  • Website
    http://www.altair-semi.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Altair will use the capital to further strengthen its leadership position in the single-mode LTE market as well as to support high volume product deployments from its largest customers.
  • M&A Terms
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    BRM Capital
  • Venture Investor
    Giza Capital
  • Venture Investor
    JVP

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