Mike Isaac

Recent Posts by Mike Isaac

Altair Semiconductor Raises $25 Million

LTE chipset developer Altair Semiconductor announced Monday it raised a $25 million round of financing from existing investors Bessemer Venture Partners, BRM, Giza Venture Capital, JVP and Pacific Technology, bringing the total amount of funds raised to just over $100 million. The Israel-based company will use the capital to further expand their position in the LTE chipset market. Altair’s products are found inside of USB dongles, tablets, Ultrabooks, Internet hotspots and routers.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work