Beijing-based semiconductor company AltoBeam obtained $8 million in equity financing, according to an EE Times report published March 6, 2009. The report named Tano Capital as the investor acting for Tano China Private Equity Fund I, alongside several other participants.
How much funding did AltoBeam receive?
EE Times reported that AltoBeam Technology Co. Ltd. received $8 million in equity financing in 2009. The contemporaneous report describes the transaction as equity financing; it does not establish terms such as valuation or the percentage of the company sold. EE Times, March 6, 2009
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Who invested in AltoBeam?
EE Times identified Tano Capital LLC as investing on behalf of Tano China Private Equity Fund I. It also named DFJ Dragon Fund, Draper Fisher Jurvetson, PYJ-Dynasty Venture Fund and a Stanford University professor as participants. The report does not specify the amount contributed by each participant.
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AltoBeam is a fabless semiconductor company, meaning it designs chips rather than operating its own chip-fabrication plants. Its company profile lists Wi-Fi chips, silicon TV tuners and digital-TV demodulators among its product areas. AltoBeam says it was founded in 2007 and is headquartered in Beijing, with branches in Shenzhen, Xiamen and San Jose. The company also says its former name, AltoBeam (China) Inc., changed to AltoBeam Inc. in 2022. AltoBeam company profile
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Did AltoBeam raise more money after 2009?
Commercial funding databases list later activity, but their reported totals do not agree. Those records are secondary database estimates, not a definitive company filing.
| Source and record | Reported funding | Qualification |
|---|---|---|
| Owler, database record accessed in 2026 | $6 million Series D in May 2012; $26 million total | Commercial database report; not a primary company filing. Owler |
| CB Insights, database record accessed in 2026 | Series E dated March 29, 2014; $13 million across five funding events | Commercial database report; not a primary company filing. CB Insights |
Because the databases give conflicting cumulative totals, neither $13 million nor $26 million should be treated as an established total for AltoBeam’s lifetime fundraising. The clearest specifically reported transaction is the $8 million equity financing described by EE Times in 2009.
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