Alticast
Develops end-to-end media technology solutions that enable service providers to quickly and reliably deliver innovative TV experiences to their customers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | KRW6.5b Valuation: KRW20.2b | Secondary | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Founded in 1999, Alticast Corporation is a publicly traded company on the KOSDAQ (085810) that has established itself in the media technology and mobility services sectors. Initially focused on providing end-to-end software and middleware for the pay-TV industry, the company has since expanded its business scope to include mobility platforms. Headquartered in Seoul, South Korea, Alticast operates on a global scale with significant offices in Amsterdam, Broomfield (Colorado), and Hanoi, enabling it to support a worldwide customer base.
Alticast's business is structured around two primary verticals: media solutions and mobility services. In the media sector, the company serves pay-TV service providers by offering a suite of products designed to enhance the television viewing experience. This includes set-top box (STB) software, cloud-based platforms, content security through CAS/DRM, and advanced user interfaces. Their solutions are built on open standards like HTML5 and RDK, allowing for the delivery of interactive and personalized content across broadcast, broadband, and mobile platforms. Revenue is generated by providing these technology solutions and services to operators, enabling them to launch, manage, and monetize advanced TV services.
Pivoting to address new market opportunities, Alticast has made a significant push into the mobility sector. Its RAiDEA platform offers integrated solutions for shared mobility, including car-sharing and smart parking services. The company also developed OTOPLUG, a cloud-based IoT platform that connects with vehicles. This strategic expansion was highlighted by a venture funding round in August 2022 from Kakao Mobility Corp and a history of investments from firms like PineBridge Investments and Samsung Venture Investment. As of March 2025, the company reported a trailing twelve-month revenue of $4.39 million.
Keywords: media technology, mobility services, pay-TV solutions, set-top box software, cloud platform, content delivery, user interface design, automotive IoT, smart parking, car-sharing platform, KOSDAQ, end-to-end media, interactive TV, digital television, content security, DRM, broadcast technology, broadband solutions, multi-screen solutions, RAiDEA, OTOPLUG
