Electric Imp

Los Altos, United States Founded: 2011 • Age: 15 yrs Acquired By Twilio
Connectivity through embedded hardware and software platform
Annual revenue - Latest available
Total funding $43.9M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Electric Imp

Electric Imp is a company based in Los Altos (United States) founded in 2011 was acquired by Twilio in July 2020. Electric Imp has raised $43.9 million across 3 funding rounds from investors including Twilio, Foxconn Electronics and Rampart Capital. Electric Imp offers products and services including imp006 and Electric Imp Platform. Electric Imp operates in a competitive market with competitors including Cradlepoint, Actility, Ondas Networks, Kajeet and Celona, among others.

  • Headquarter Los Altos, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Kore Wireless
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $43.9 M (USD)

    in 3 rounds

  • Latest Funding Round
    $21 M (USD), Series C

    Apr 07, 2016

  • Investors
    Twilio

    & 5 more

  • Employee Count
    Not available
  • Acquired by
    Twilio

    (Jul 09, 2020)

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Products & Services of Electric Imp

Electric Imp offers a comprehensive portfolio of products and services, including imp006 and Electric Imp Platform.

Product name locked
Category locked
Primary

Wireless module supporting cellular and WiFi for IoT connectivity.

Product name locked
Category locked
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System for IoT security, updates, and lifecycle management services.

Funding Insights of Electric Imp

Electric Imp has successfully raised a total of $43.9M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $21 million completed in April 2016. 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.

Investors in Electric Imp

Electric Imp has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Twilio, Foxconn Electronics and Rampart Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Redpoint Ventures is engaged in venture capital investments.
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VC & PE firm
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Investor details for Electric Imp

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Investments & Acquisitions by Electric Imp

Investments
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Investment portfolio details for Electric Imp

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Financial Statements - Electric Imp

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Detailed financials for Electric Imp

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Electric Imp Comparisons

Electric Imp Primary company
Description
Connectivity through embedded hardware and software platform
Location
Los Altos, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Electric Imp

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Electric Imp

Electric Imp 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 Cradlepoint, Actility, Ondas Networks, Kajeet and Celona, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based network infrastructure for IoT applications is provided.
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Platform for IoT deployments and network connectivity management is provided.
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Broadband communication technologies for IoT are developed and deployed.
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IoT connectivity and management solutions are provided for various markets.
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Cloud-based WiFi infrastructure connectivity management software is provided.
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Cloud platform for M2M and IoT connectivity is offered.
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Detailed competitors of Electric Imp

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Latest news on Electric Imp

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Complete news archive for Electric Imp

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Frequently Asked Questions about Electric Imp

Electric Imp was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Electric Imp is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.

Electric Imp is a funded company, having raised a total of $43.9M across 3 funding rounds to date.

Electric Imp is a provider of an end-to-end platform to connect any device to the internet and monitor, control and build apps on them. Starts with the imp, a Wifi module, and a processor which connects the device to the Imp Cloud, the central hub to all devices. Also provides an open API to build enhancements on these devices and an Ops console to maintain the latest software and push new code. Used by developers and organizations like Quirky, GE, Budweiser, Lockitron, and more.

Electric Imp's top competitors include Cradlepoint, Hologram and EMnify.

Electric Imp offers imp006 and Electric Imp Platform.

Electric Imp has 6 investors. Key investors include Twilio, Foxconn Electronics, Rampart Capital, Redpoint Ventures, and PTI Ventures.

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