About Echelon
Echelon is a company based in Santa Clara (United States) founded in 1988 was acquired by Adesto in June 2018.. Echelon has raised $16 million across 1 funding round from investors including Adesto. The company has 40 employees as of December 31, 2018. Echelon operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter Santa Clara, United States
- Employees 40 as on 31 Dec, 2018
- Stage Public
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Sectors
Business ServicesTechnology Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Echelon Corporation
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Funding Insights of Echelon
Echelon has successfully raised a total of $16M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $16 million completed in March 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $16.0M
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First Round
First Round
(04 Mar 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2011 | Amount | Private Equity Round - Echelon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Echelon
Echelon has secured backing from 1 investor. Prominent investors backing the company include Adesto. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Ultra-low-power CBRAM technology is developed for IoT and health applications.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Echelon
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Echelon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Echelon Comparisons
Competitors of Echelon
Echelon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Provider of end to end IoT components
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Echelon
Frequently Asked Questions about Echelon
When was Echelon founded?
Echelon was founded in 1988 and raised its 1st funding round 23 years after it was founded.
Where is Echelon located?
Echelon is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Is Echelon a funded company?
Echelon is a funded company, having raised a total of $16M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $16M, raised on Mar 04, 2011.
How many employees does Echelon have?
As of Dec 31, 2018, the latest employee count at Echelon is 40.
What does Echelon do?
Provides an open-standard embedded platform for IoT Applications. It claims its platform is being used to connect over a hundred million devices across applications like Smart Grid, Cities, Buildings, etc. It has a line of network infrastructure products called Lon Works Infrastructure (LWI) which includes transceivers, control modules, routers, network interfaces, development tools, software tools, and toolkits. For system integrator serving the street lighting, remote facility monitoring, and energy management markets, it has developed the i.LON Smart Server products help in enabling energy management. For the electric utility industry, the Company has developed a grid infrastructure system, the Networked Energy Services (NES) system. The NES system provides a two-way information and control path between the utility and its customer.
Who are the top competitors of Echelon?
Echelon's top competitors include ecobee, Particle and Landis+Gyr.
Who are Echelon's investors?
Echelon has 1 investor. Key investors include Adesto.
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