Altiostar Secures $2,500,000 New Financing

  • Feed Type
  • Date
    9/12/2016
  • Company Name
    Altiostar
  • Mailing Address
    200 Ames Pond Drive Tewksbury, MA 01876 USA
  • Company Description
    Altiostar is the mobile broadband industry’s first provider of Virtual RAN (vRAN) with Ethernet front haul, for software-intensive LTE eNodeB. Our unique solution is designed to improve quality of experience, enhance spectral efficiency and significantly reduce Total Cost of Ownership (TCO).
  • Website
    http://www.altiostar.com
  • Transaction Type
    Debt
  • Transaction Amount
    $2,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. 2 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed