Electric Imp Overview
- Year Founded
-
2011
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
Electric Imp General Information
Description
Provider of end-to-end technology platform intended to securely connect any device to the Internet. The company's platform incorporates the use of the internet-of-things to provide a chip that utilizes wireless frequency and a cloud service for vendors to Internet-enabled their products, enabling businesses and corporate clients to reduce time to market, minimize costs and pave the wave for better and more effective two-way communication with customers.
Contact Information
Website
www.electricimp.com(Operating Subsidiary)
Corporate Office
- 5150 El Camino Real
- Suite C31
- Los Altos, CA 94022
- United States
Corporate Office
- 5150 El Camino Real
- Suite C31
- Los Altos, CA 94022
- United States
Electric Imp Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 09-Jul-2020 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 07-Apr-2016 | Completed | Generating Revenue | |||
| 3. Secondary Transaction - Private | 13-Aug-2014 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 13-Aug-2014 | $15M | $23M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 16-May-2012 | $7.95M | $7.95M | Completed | Product Development |
Electric Imp Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 4,268,684 | $0.001000 | $0.15 | $1.86 | $1.86 | 1x | $1.86 | 19.43% |
Electric Imp Comparisons
Industry
Financing
Details
Electric Imp Competitors (13)
One of Electric Imp’s 13 competitors is Redpine Signals, a Corporation company based in San Jose, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Redpine Signals | Corporation | San Jose, CA | ||||
| Ruckus Networks | Formerly VC-backed | Sunnyvale, CA | ||||
| EION Wireless | Corporation | Ottawa, Canada | ||||
| Synapse Wireless | Formerly VC-backed | Huntsville, AL | ||||
| Mist Systems | Formerly VC-backed | Cupertino, CA |
Electric Imp Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Electric Imp Patents
Electric Imp Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-2861644-A1 | Optically configured modularized control system to enable wireless network control and sensing of other devices | Inactive | 05-Jan-2012 | ||
| EP-2801038-A1 | Optically configured modularized control system to enable wireless network control and sensing of other devices | Inactive | 05-Jan-2012 | ||
| EP-2801038-A4 | Optically configured modularized control system to enable wireless network control and sensing of other devices | Inactive | 05-Jan-2012 | ||
| AU-2013207332-A1 | Optically configured modularized control system to enable wireless network control and sensing of other devices | Inactive | 05-Jan-2012 | ||
| CA-2836949-A1 | Modularized control system to enable networked control and sensing of other devices | Inactive | 26-May-2011 | H04N21/4227 |
Electric Imp Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ESO Fund | Secondary Buyer | Minority | ||
| Hon Hai Precision | Corporation | Minority | ||
| Lowercase Capital | Venture Capital | Minority | ||
| PTI Ventures | Venture Capital | Minority | ||
| Rampart Capital | Family Office | Minority |
Electric Imp FAQs
-
When was Electric Imp founded?
Electric Imp was founded in 2011.
-
Where is Electric Imp headquartered?
Electric Imp is headquartered in Los Altos, CA.
-
What industry is Electric Imp in?
Electric Imp’s primary industry is Wireless Communications Equipment.
-
Is Electric Imp a private or public company?
Electric Imp is a Private company.
-
What is Electric Imp’s current revenue?
The current revenue for Electric Imp is .
-
How much funding has Electric Imp raised over time?
Electric Imp has raised $44M.
-
Who are Electric Imp’s investors?
ESO Fund, Hon Hai Precision, Lowercase Capital, PTI Ventures, and Rampart Capital are 5 of 6 investors who have invested in Electric Imp.
-
Who are Electric Imp’s competitors?
Redpine Signals, Ruckus Networks, EION Wireless, Synapse Wireless, and Mist Systems are some of the 13 competitors of Electric Imp.
-
When was Electric Imp acquired?
Electric Imp was acquired on 09-Jul-2020.
-
Who acquired Electric Imp?
Electric Imp was acquired by Twilio.
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