About Aclara Technologies
Aclara Technologies is a Technology company based in Hazelwood (United States) founded in 1972, and was acquired by Hubbell in December 2017. Smart infrastructure solutions are provided to global utilities. It operates in the Technology, Environment, and Business Services sectors. The company has 723 employees. Aclara Technologies offers products and services including Smart Meters, AclaraONE Software, Sensors and Controls, and TWACS PLC Solutions. Its focus areas include High Tech, IoT Applications, Industry Specific and Energy. Its competitors include Particle, Itron and Span.IO; 2 of its 3 listed competitors have raised funding.
Company details
Aclara Technologies(owned by an affiliate of Sun Capital Partners) is a supplier of smart infrastructure solutions (SIS) to water, gas, and electric utilities globally SIS magnifies the benefits of networks that perform automated metering reading by incorporating a range of sensors, communications, and analytic technologies that let utilities monitor their distribution networks, optimize operations, respond to issues quickly, and preempt problems. Aclaras Synergize RF electric network offers two-way communications and provides a connective platform for the smart grid. It acquired GE Energy Managements grid solutions electricity meter business from General Electric Company.
- Headquarters Hazelwood, United States
- Employees 723
- Stage Acquired
- SectorsTechnologyEnvironment Business Services Energy & Utilities
- Website aclara.com
- Social LinkedIn X Facebook
- Acquired by Hubbell (Dec 2017)
Products & Services of Aclara Technologies
Aclara Technologies offers a comprehensive portfolio of products and services, including Smart Meters, AclaraONE Software, Sensors and Controls, and TWACS PLC Solutions.
Devices for accurate monitoring of electricity usage in utility networks.
Platform for managing utility communications and network insights.
Tools for real-time detection of leaks and grid faults.
System for power line communications in utility operations.
Funding Insights of Aclara Technologies
- Total Rounds 2
- Last Round Debt – Conventional — $105M
- First Round $345M
(Aug 2016)
All 2 funding rounds of Aclara Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $105M | Debt – Conventional | – | – | – |
| Aug 2016 | $345M | Debt – Conventional | – | – | – |
2 investors in total: 2 institutional.
Investors in Aclara Technologies
Aclara Technologies has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Hubbell and Sun Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm | 1995 | suncappart.com | Boca Raton, United States | |
Manufacturer of utility and electrical products | 1888 | hubbell.com | Shelton, United States |
Investor details for Aclara Technologies
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People of Aclara Technologies
544 people are tracked at Aclara Technologies (166 in leadership, 10 in board & advisors, 368 in team); the tracked headcount is 723.
| Name | Role | Group |
|---|---|---|
Neil Vandermeulen | President - T&d Infrastructure Division | Leadership |
Jessica Jarboe | Director Of Financial Reporting | Leadership |
Robert Hudson Jr. | Director Supply Chain Systems | Leadership |
Stephen M. Mais | Senior Vice President, Human Resources | Leadership |
Drew M. Marquardt | Chief Information Officer | Leadership |
Katherine A. Lane | Vice President, General Counsel and Secretary | Leadership |
Miguel Angel Alvarez | Development Engineering Director Global IEC - Aclara, Hubbell Utility Solutions | Leadership |
Richard S. Conner | Vice President & General Manager | Leadership |
Stephen Davis Cism | Chief Information Security Officer | Leadership |
Jennifer Rubino | Director Of Financial Reporting | Leadership |
Lee Hand | Director Network Operations | Leadership |
Barbara Dewael | VP Global Supply Chain | Leadership |
Susan Huppertz | Chief Manufacturing and Supply Chain Officer | Leadership |
Gerben W. Bakker | President and Chief Executive Officer | Leadership |
Gary Scott | Sales Director - Intelligent Grid Systems - Northeast 1 | Leadership |
Irene Gonzalez | Senior Human Resources Business Partner | Leadership |
William R. Sperry | Executive Vice President and Chief Financial Officer | Leadership |
Peter J. Lau | President, Electrical Solutions Segment | Leadership |
Jonathan M. Del Nero | Vice President, Controller | Leadership |
Mollie Prasad | Vice President, HR - Hubbell Utility Solutions | Leadership |
524 more people are available in the full profile.
Complete people profiles for Aclara Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Aclara Technologies
6 dated milestones of Aclara Technologies across 45 years, from founding to its latest funding, stage changes and deals.
- Founded Aclara Technologies is founded.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Sun Capital Partners.
- Funding First funding round of $345.0M.
- Funding Latest funding round, Debt – Conventional, of $105.0M.
- Exit Acquired by Hubbell.
Competitors of Aclara Technologies
Aclara Technologies has 3 listed competitors in our database, 2 of them funded. They include Particle, Itron and Span.IO.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| itron.com | 1977 | Liberty Lake, United States | 5,859 | Cloud-based end-to-end solutions for smart grids are provided. | ||
| span.io | 2014 | San Francisco, United States | $255.56M | Smart panels for home energy management are provided by Span.IO. |
Detailed competitors of Aclara Technologies
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Top companies in Industrial IoT & Smart Manufacturing
3 companies that operate in the same segment as Aclara Technologies (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 |
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Related news about Aclara Technologies
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Frequently Asked Questions about Aclara Technologies
Aclara Technologies was founded in 1972 and raised its 1st funding round 44 years after it was founded.
Aclara Technologies is headquartered in Hazelwood, United States. It is registered at Hazelwood, Missouri, United States.
Aclara Technologies has 723 employees.
Aclara Technologies(owned by an affiliate of Sun Capital Partners) is a supplier of smart infrastructure solutions (SIS) to water, gas, and electric utilities globally SIS magnifies the benefits of networks that perform automated metering reading by incorporating a range of sensors, communications, and analytic technologies that let utilities monitor their distribution networks, optimize operations, respond to issues quickly, and preempt problems. Aclaras Synergize RF electric network offers two-way communications and provides a connective platform for the smart grid. It acquired GE Energy Managements grid solutions electricity meter business from General Electric Company.
Aclara Technologies offers Smart Meters, AclaraONE Software, Sensors and Controls, and TWACS PLC Solutions.
Aclara Technologies has 2 investors. Key investors include Hubbell, and Sun Capital Partners.
Yes. Aclara Technologies was acquired by Hubbell in December 2017.