A leader in cellular IoT chipsets, Altair Semiconductor has secured $50.0M in new capital. The company, which operates as Sony Semiconductor IL and became part of Sony Corporation in 2016, is known for its ultra-low power, 5G-ready LTE CAT-M and NB-IoT chipsets.
These highly integrated solutions feature hardware-based security and carrier-grade integrated SIMs, offering the longest battery life and fastest time to market for a range of industrial and consumer IoT applications. Its chipsets are commercially deployed on advanced LTE networks, powering devices like trackers, smart meters, wearables, and vehicle telematics.
