About Electric Imp
Electric Imp is a Technology company based in Los Altos (United States) founded in 2011, and was acquired by Twilio in July 2020. Connectivity through embedded hardware and software platform. Electric Imp has raised $43.9 million across 3 funding rounds from investors including Twilio, Foxconn Electronics and Rampart Capital. Its website electricimp.com draws about 18 thousand monthly visits. Electric Imp offers products and services including imp006 and Electric Imp Platform. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Platforms and Connectivity Management. Its legal entity is KORE Wireless. Its competitors include Cradlepoint, Ondas Networks and Kajeet; 3 of its 3 listed competitors have raised funding.
Company details
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.
Products & Services of Electric Imp
Electric Imp offers a comprehensive portfolio of products and services, including imp006 and Electric Imp Platform.
Wireless module supporting cellular and WiFi for IoT connectivity.
System for IoT security, updates, and lifecycle management services.
Apps and channels of Electric Imp
its YouTube channel Electric Imp has 513 subscribers and 23 videos.
Videos from Electric Imp
The most watched videos on Electric Imp's YouTube channel, Electric Imp (513 subscribers). Click a video to play it here.
More on Electric Imp.
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.
- Total Funding $43.9M
- Total Rounds 3
- Last Round Series C — $21M
- First Round $7.9M
(May 2012)
- Investors Count 5
All 3 funding rounds of Electric Imp 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 |
|---|---|---|---|---|---|
| Apr 2016 | $21M | Series C | – | Rampart Capital | |
| Aug 2014 | $15M | Series B | – | – | |
| May 2012 | $7.9M | Series A | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Redpoint Ventures is engaged in venture capital investments. | redpoint.com | Woodside, United States | ||
| ptiventures.com | ||||
VC & PE firm | lowercasecapital.com | San Francisco, United States | ||
Investment management and advisory for wealthy individuals and families globally. | 1994 | rampartcapital.co | London, United Kingdom | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | foxconn.com | Taipei, Taiwan | |
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | twilio.com | San Francisco, United States |
Investor details for Electric Imp
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Timeline of Electric Imp
4 dated milestones of Electric Imp across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Electric Imp is founded.
- Funding First funding round of $7.9M.
- Funding Latest funding round, Series C, of $21.0M.
- Exit Acquired by Twilio.
Competitors of Electric Imp
Electric Imp has 3 listed competitors in our database, 3 of them funded. They include Cradlepoint, Ondas Networks and Kajeet.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cradlepoint.com | 2004 | Boise, United States | $154.85M | 693 | Cloud-based network infrastructure for IoT applications is provided. | |
| ondas.com | 2006 | Sunnyvale, United States | $2.53M | 116 | Broadband communication technologies for IoT are developed and deployed. | |
| kajeet.com | 2003 | United States | $37.85M | IoT connectivity and management solutions are provided for various markets. |
Detailed competitors of Electric Imp
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- Full competitor set
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Web traffic of Electric Imp
The website of Electric Imp (electricimp.com) receives about 17.9K visits a month.
- Monthly visits17.9K
▲ 9% vs previous month
Websites whose visitors overlap most with Electric Imp. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
squirrel-lang.org | squirrel-lang.org | 100% | #3,093,817 | – | |
| penguintutor.com | 95% | #1,655,860 | View details | ||
hackaday.com | hackaday.com | 87% | #27,905 | – | |
openremote.org | openremote.org | 74% | – | ||
sparkfun.com | sparkfun.com | 61% | #46,623 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Electric Imp
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Industrial IoT & Smart Manufacturing
3 companies that operate in the same segment as Electric Imp (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 Electric Imp
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. The company's 1st funding round was a Series A of $7.9M, raised on May 2012.
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, Kajeet and Ondas Networks.
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.
Electric Imp operates through Kore Wireless.
Yes. Electric Imp was acquired by Twilio in July 2020.