Alticast
Alticast is a South Korean KOSDAQ-listed technology company, subsidiary of Humax Group, providing cloud-based UI virtualization for pay-TV operators (AltiCloud UI) and platform quality verification (Qeyes) following the 2022 divestiture of its mobility business.
- Company typePublic
- Founded1999
- HeadquartersSeoul, South Korea
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Alticast does
Alticast (주식회사 알티캐스트) is a South Korea-based, KOSDAQ-listed technology company headquartered in Gangnam, Seoul, and operating as a subsidiary of Humax Group. Founded in 1999, the company originally built its identity around interactive digital cable broadcast middleware, commercializing interactive TV solutions in 2005 and earning recognition as a Korean World Class 300 company in 2012 before listing on KOSDAQ in December 2013. From 2017 to 2019 the company repositioned toward what it described as a data AI-based business, launching the RAiDEA Integrated Mobility Platform in January 2019 to serve shared mobility, rental automation, parking, and micro-mobility use cases for car sharing operators, rental companies, and parking operators.
The company's product portfolio historically spanned three technology platforms: AltiCloud UI, a cloud-delivered user interface virtualization system that renders UI in the cloud and delivers lightweight packages to set-top boxes and mobile devices; RAiDEA, an all-in-one mobility platform supporting B2C, B2B, and P2P services for vehicles, motorcycles, bikes, and electric scooters with integrated capabilities in usage-based insurance, EV charging, demand forecasting, personalized recommendation, and anomaly detection; and Qeyes, a platform service quality verification solution built on 20+ years of QA methodology for B2B2C platforms and digital broadcasting media services. In December 2021, the company signed a business transfer agreement to divest its entire RAiDEA mobility business (including customer contracts with CARPLAT, iDRIVE, WTC Auto Rent, Hi-Parking, WAY, and People Car) to a newly formed entity called Alticast Mobility (알티모빌리티), with the transfer closing February 14, 2022. In December 2022, Alticast absorbed Q-eyes Co., Ltd. in a small-scale merger at a 1:0 exchange ratio.
The remaining business operates across two segments: media solutions (AltiCloud UI for pay-TV and telecom operators seeking cloud-rendered UI delivery) and quality verification (Qeyes for B2B2C platform operators and digital broadcasters). Revenue is generated through platform licensing, subscription/recurring arrangements, and professional services, with no public pricing disclosure and sales conducted via direct enterprise contact supplemented by channel distribution through parent Humax Group. The company is led by CEO Kim Tae-hoon (김태훈), who concurrently serves as CEO of Humax Group, with CTO Mi-sung Cho overseeing the MSP business unit and a broader management team based at the Seoul headquarters and a Broomfield, Colorado office.
Alticast firmographics
Firmographics- Name
- Alticast
- Legal name
- 주식회사 알티캐스트
- Website
- https://alticast.com
- Company type
- Public
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Alticast is a South Korean KOSDAQ-listed technology company, subsidiary of Humax Group, providing cloud-based UI virtualization for pay-TV operators (AltiCloud UI) and platform quality verification (Qeyes) following the 2022 divestiture of its mobility business.
- Ownership category
- akta.pro rank
Alticast industry classification
Industry- Product category
- Media Technology & Mobility Platform Software
- NAICS
- Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Prepackaged Software (7372), Telephone Communications (No Radiotelephone) (4813)
- akta.pro primary industry
- OEM Embedded Connectivity & Telematics Platforms (TLAEAFAA)
- akta.pro secondary industries
- V2X Message & Data Exchange Platforms (SPaT/MAP, TIM, CAM/DENM Brokers) (TLAJAHAF), Micromobility Rental Software & White-Label Platform Providers (THADAGAO), Subscriber Identity, Entitlements & Access (SSO, IAM, Paywall) (MPAHAJAB), Fleet Access & Keyless Systems (Digital Keys, Telematics-Enabled Access Control) (TLABALAI)
Keywords
Where Alticast is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices2 records
Markets served
Alticast business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Platform Licensing: RAiDEA platform licensed to mobility service operators who can expand services by purchasing licenses without modifying their platform for every expansion. Revenue from license fees to car sharing operators, car rental companies, and parking operators.
- Quality Assurance Services: QA consulting and quality verification services for B2B2C platforms and digital broadcasting media services, leveraging 20+ years of accumulated quality verification methodology.
- AltiCloud UI Solutions: Cloud-based UI virtualization solutions for TV and media service providers, enabling cost-effective UI delivery with minimal bandwidth.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Alticast product offering
Product offeringCore offering
Alticast develops and licenses software platforms for media and mobility service operators. Its core offerings include the RAiDEA Integrated Mobility Platform (shared mobility, car sharing, rental automation, smart parking, micro-mobility), AltiCloud UI for cloud-based user interface virtualization on set-top boxes and connected devices, the Qeyes platform for service quality verification, and the OTOPLUG IoT platform for vehicle connection. These are sold via direct enterprise sales and through Humax Group's distribution network.
Differentiator
Problem solved
Functional benefit
Brands
- RAiDEA: Integrated Mobility Platform providing various mobility services including B2C, B2B, and P2P for vehicles including cars, motorcycles, bikes, and electric scooters.
- Qeyes
- RAiDEA MHP
- AltiCloud UI
Products and services
- RAiDEA Integrated Mobility Platform All-in-one mobility platform providing B2C, B2B, and P2P services for vehicles including cars, motorcycles, bikes, and electric scooters; supports round trip, one way, and free-floating infrastructures with flexible licensing. Includes AI capabilities (demand forecasting, dynamic pricing, personalized recommendation, anomaly detection) and value-added services (UBI insurance, EV charging, car washing, valet parking, maintenance). Sold to mobility service operators globally.
- RAiDEA MHP (Mobility Hub Platform) Smart parking platform within the RAiDEA ecosystem that connects parking lot operators to provide a base for shared mobility and self-driving services, turning parking spaces into mobility hubs. Includes introduction, operation, connection, and expansion of smart parking services. Sold to parking operators.
- AltiCloud UI Cloud-delivered user interface virtualization system that executes the majority of the UI in the cloud and delivers a simplified package for final UX presentation onto clients including set-top boxes and mobile devices. Minimizes client hardware constraints, enables unified UX across devices, reduces development costs, accelerates updates, and provides real-time monitoring for proactive customer service. Sold to Pay-TV and telecom operators.
- Qeyes Platform Service Quality Verification Platform service quality verification solution for B2B2C platforms and digital broadcasting media services. Provides software service quality verification and management based on 20+ years of accumulated quality verification methodology and know-how. Targets B2B2C platform providers and digital broadcasting media service operators.
- OTOPLUG IoT Platform IoT platform providing vehicle connection service based on the Cloud for mobility device solutions. Enables connected vehicle integration within the broader RAiDEA mobility ecosystem.
Quantifiable outcome
- Cost savings through contactless operation and automation of face-to-face transactions
- +3 more outcomes
Companies that use Alticast
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Alticast technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature5 records
Alticast partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship and core.
- Humax GroupflagshipHumax Group is the parent company and primary distribution partner for Alticast's RAiDEA mobility platform. Humax commercializes the platform through its mobility business and global sales network. The partnership leverages Humax's 20 overseas subsidiaries and industry knowledge to expand RAiDEA internationally.
- iDRIVEcoreiDRIVE (Saudi Arabia's first car sharing company) uses RAiDEA platform for B2C car sharing services. The existing mobility service platform was replaced with RAiDEA to deliver more advanced solutions, with plans to introduce B2B car sharing services.
- WTC Auto RentcoreWTC Auto Rent (leading car rental company in the Middle East) contracted for RAiDEA platform to provide contactless car rental automation services, reducing costs through automation and increasing vehicle utilization.
- Hi-ParkingcoreHi-Parking (No.1 parking operator in Korea) provided with smart parking service platform. Alticast plans to introduce RAiDEA MHP to connect parking operators and provide base for shared mobility services.
- CARPLATcoreCARPLAT (corporate car sharing service in Korea) uses RAiDEA platform for B2B car-sharing service named Carplat Biz since June 2020.
- Alticast Mobility (알티모빌리티)flagshipIn December 2021, Alticast transferred its mobility business to Alticast Mobility (알티모빌리티). The company transferred customer personal information and related employee information to the acquiring entity in February 2022 as part of a business transfer agreement.
Scale indicators4 records
Recent moves9 records
Expansion highlights4 records
Alticast competitors and assessment
Company assessmentDirect peers
- Vulog: Vulog provides a white-label mobility platform powering free-floating, station-based, and P2P car sharing services for operators globally; directly comparable to RAiDEA's B2C/B2B/P2P all-in-one stack.
- Turo: Turo is the largest P2P car-sharing marketplace; comparable as a shared-mobility platform but a marketplace player rather than a white-label infrastructure provider like RAiDEA.
- Getaround: Getaround operates a P2P car sharing marketplace with an integrated platform layer; comparable to RAiDEA's P2P functionality, though as an operator rather than a B2B enabler.
- Invers: Invers is a German white-label shared-mobility platform provider for car sharing, scooter sharing, and fleet operators; it competes head-to-head with Alticast's RAiDEA platform for the same CSO and rental operator buyer.
- Cooltra: Cooltra is a European micro-mobility operator (scooters, bikes, mopeds) using shared platform infrastructure; comparable to RAiDEA's micro-mobility and free-floating vehicle coverage.
Broad incumbents
- Irdeto: Irdeto provides pay-TV content security, DRM, and platform software; comparable to the media/pay-TV half of Alticast's business (Qeyes QA, AltiCloud UI).
- Harman International (Samsung): Harman provides connected car, telematics, and cloud platforms to automakers; a broad incumbent that overlaps with RAiDEA's connected-vehicle IoT ambitions from a different scale tier.
- Continental AG (Automotive): Continental's automotive group supplies connected vehicle software, telematics, and fleet solutions at scale; a broad incumbent in adjacent mobility software categories that competes for the same enterprise RFPs as Alticast's RAiDEA.
- Synamedia: Synamedia is a large incumbent providing video software, pay-TV platforms, and content security; directly comparable to Alticast's AltiCloud UI and Qeyes QA offerings in the legacy media/pay-TV domain.
Emerging players
- TIER Mobility: TIER is a leading European micro-mobility operator running its own platform stack for e-scooter and bike sharing; relevant as an operator-side comparator even though Alticast provides software rather than operates fleets itself.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Alticast social profiles
Digital presenceAlticast financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alticast leadership team
Management profileNumber of profiles
Profiles6 records
Alticast funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alticast M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alticast
What does Alticast do?
Alticast develops and licenses software platforms for media and mobility service operators. Its core offerings include the RAiDEA Integrated Mobility Platform (shared mobility, car sharing, rental automation, smart parking, micro-mobility), AltiCloud UI for cloud-based user interface virtualization on set-top boxes and connected devices, the Qeyes platform for service quality verification, and the OTOPLUG IoT platform for vehicle connection. These are sold via direct enterprise sales and through Humax Group's distribution network.
Is Alticast a public or private company?
Alticast is a public company. It is classified as public and is currently operating.
When was Alticast founded?
Alticast was founded in 1999. It employs 101 to 250 people.
Where is Alticast based?
Alticast is headquartered in Seoul, South Korea, in the Asia region.
How does Alticast make money?
Three revenue lines are on record. Platform Licensing is the primary driver. The others are quality Assurance Services and altiCloud UI Solutions.
Who are Alticast's main competitors?
Direct peers on record are Vulog, Turo, Getaround, Invers and Cooltra. Broad incumbents are Irdeto, Harman International (Samsung), Continental AG (Automotive) and Synamedia. TIER Mobility is listed as an emerging player.
Does Alticast have an API?
No public API is recorded for Alticast.
What industry is Alticast in?
Alticast's product category is Media Technology & Mobility Platform Software. Its primary akta.pro industry code is TLAEAFAA, OEM Embedded Connectivity & Telematics Platforms, with a secondary code of TLAJAHAF, V2X Message & Data Exchange Platforms (SPaT/MAP, TIM, CAM/DENM Brokers). Its NAICS code is 5132 and its SIC code is 7372.