Ambient Corp

Newton, United States Founded: 1996 • Age: 30 yrs Acquired By Ericsson
Communication, nodes and platform

About Ambient Corp

Ambient Corp is an Energy & Utilities company based in Newton (United States) founded in 1996, and was acquired by Ericsson in October 2014. Communication, nodes and platform. The company has 18 employees. Its chief executive, as recorded, is Kirthika Hks. The company was acqui-hired. Its focus areas include Energy Tech, Smart Grid, Advanced Metering Infrastructure and Communication Networks. Its legal entity is AMBIENT CORPORATION. Its competitors include SmartSynch and Tropos Networks; 2 of its 2 listed competitors have raised funding.

Company details

Ambient Corp was founded in 1996 in Newton, United States, and operates in the smart grid communications sector. A platform is provided to utilities for deploying and integrating applications such as smart metering, distribution automation, demand response, and distributed generation. Multiple technologies, including cellular, radio frequency, Wi-Fi, power line communications, and direct connections, are leveraged to support these operations across a unified infrastructure.

  • Headquarters Newton, United States
  • Employees 18
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Website ambientcorp.com
  • Social LinkedIn X
  • Acquired by Ericsson (Oct 2014)
  • Legal Name Ambient Corporation
Key Metrics
  • Latest Funding Round
    $5M (USD), Debt – Convertible

    Jan 2011

  • Investors
  • Employee Count
    18
  • Acquired by
    Ericsson

    (Oct 2014)

Funding Insights of Ambient Corp

  • Total Rounds 1
  • Last Round Debt – Convertible β€” $5M
  • First Round $5M

    (Jan 2011)

All 1 funding rounds of Ambient Corp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2011$5MDebt – Convertible––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Ambient Corp

Ambient Corp has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ericsson.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Telecom equipment and software solutions are provided for networks.
1876ericsson.comStockholm, Sweden
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Investor details for Ambient Corp

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  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Ambient Corp

1 people are tracked at Ambient Corp (1 in leadership); the tracked headcount is 18.

NameRoleGroup
Kirthika Hks
CEOLeadership
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Complete people profiles for Ambient Corp

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Ambient Corp

3 dated milestones of Ambient Corp across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ambient Corp is founded.
  2. Funding First funding round of $5.0M.
  3. Exit Acquired by Ericsson.

Competitors of Ambient Corp

Ambient Corp has 2 listed competitors in our database, 2 of them funded. They include SmartSynch and Tropos Networks.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
smartsynch.com1998Jackson, United States$76M
IP-enabled devices are supplied for smart grid communications.
tropos.com2000Sunnyvale, United States$27.3M
Wireless broadband mesh networks
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Detailed competitors of Ambient Corp

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  • Full competitor set
  • Operating metrics
  • Benchmarks
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Web traffic of Ambient Corp

Websites that share an audience with Ambient Corp (ambientcorp.com).

Similar websites

Websites whose visitors overlap most with Ambient Corp. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ambientdevices.com
36%
View details

Top companies in Smart Grid & Transmission Systems

3 companies that operate in the same segment as Ambient Corp (Smart Grid & Transmission Systems) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168.67 M
AI and cloud-driven solutions for energy optimization are provided.
2009Millbrae, California, United StatesUSD 228.56 MUSD 156.27 M569
IoT-enabled distributed energy resource management solutions are provided.
2011Redwood City, California, United StatesUSD 158.75 MUSD 2.47 M50
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Frequently Asked Questions about Ambient Corp

Ambient Corp was founded in 1996 and raised its 1st funding round 15 years after it was founded.

Ambient Corp is headquartered in Newton, United States. It is registered at Newton, Massachusetts, United States.

Kirthika Hks is the CEO of Ambient Corp, as recorded in our data.

Ambient Corp has 18 employees.

Ambient Corp was founded in 1996 in Newton, United States, and operates in the smart grid communications sector. A platform is provided to utilities for deploying and integrating applications such as smart metering, distribution automation, demand response, and distributed generation. Multiple technologies, including cellular, radio frequency, Wi-Fi, power line communications, and direct connections, are leveraged to support these operations across a unified infrastructure.

Ambient Corp's top competitors include SmartSynch and Tropos Networks.

Ambient Corp has 1 investor. Key investors include Ericsson.

Ambient Corp operates through Ambient Corporation.

Yes. Ambient Corp was acquired by Ericsson in October 2014.

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