EVolution Networks

New York, United States Founded: 2011 • Age: 15 yrs
AI-based software for data centre energy management is provided.

About EVolution Networks

EVolution Networks is a company based in New York (United States) founded in 2011.. EVolution Networks has raised $22.5 million across 1 funding round from investors including General Electric. EVolution Networks offers products and services including AI Engine, Real Time GIS, eVo Planner, eVo Auto-Pilot, and Evolution Cyber. EVolution Networks operates in a competitive market with competitors including Liqid, Inspur, Vertiv, Vigilent and Xangati, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
    Business Services Energy & Utilities Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Real Estate & Construction → Property Technology (PropTech)
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $22.5 M (USD), Series B

    May 19, 2015

  • Investors
  • Employee Count
    Employee Count
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Products & Services of EVolution Networks

EVolution Networks offers a comprehensive portfolio of products and services, including AI Engine, Real Time GIS, eVo Planner, eVo Auto-Pilot, and Evolution Cyber. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Streamlines processes for cost savings and energy efficiency

Analyzes grid data for fault detection and optimization

Manages reservoir levels for long-term water forecasting

Schedules pumping for efficient water networks

Protects infrastructure from cyber threats using AI

Funding Insights of EVolution Networks

EVolution Networks has successfully raised a total of $22.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $22.5 million completed in May 2015. 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 Rounds 1
  • Last Round Series B — $22.5M
  • First Round

    (19 May 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2015 Amount Series B - EVolution Networks Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in EVolution Networks

EVolution Networks has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include General Electric. 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.

All
Institutional
Investor Description Founded Year Domain Location
Diversified operations are conducted across multiple industries worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by EVolution Networks

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - EVolution Networks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Evolution Networks Comparisons

Employees
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Competitors of EVolution Networks

EVolution Networks 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 Liqid, Inspur, Vertiv, Vigilent and Xangati, 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
Composable disaggregated infrastructure management solutions for data centers are provided.
domain founded_year HQ Location
Data center infrastructure is managed via a cloud-based platform.
domain founded_year HQ Location
Provider of critical digital infrastructure and continuity solutions
domain founded_year HQ Location
IoT and AI are applied to manage energy in facilities.
domain founded_year HQ Location
Data center environment analytics and performance monitoring platform
domain founded_year HQ Location
Cooling and energy solutions for data centers are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Evolution Networks

Frequently Asked Questions about EVolution Networks

When was EVolution Networks founded?

EVolution Networks was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is EVolution Networks located?

EVolution Networks is headquartered in New York, United States. It is registered at New York, New York, United States.

Is EVolution Networks a funded company?

EVolution Networks is a funded company, having raised a total of $22.5M across 1 funding round to date. The company's 1st funding round was a Series B of $22.5M, raised on May 19, 2015.

What does EVolution Networks do?

EVolution Networks was founded in 2011 in New York, United States. A platform is operated in the technology sector, focusing on AI-driven solutions for data centre energy management. Real-time analysis of energy needs for network resources is delivered through the software. Operations are centered on optimizing resource efficiency in data centres, with services accessible via the domain evolution-networks.com.

Who are the top competitors of EVolution Networks?

EVolution Networks's top competitors include Inspur, Liqid and CoolIT Systems.

What products or services does EVolution Networks offer?

EVolution Networks offers AI Engine, Real Time GIS, eVo Planner, eVo Auto-Pilot, and Evolution Cyber.

Who are EVolution Networks's investors?

EVolution Networks has 1 investor. Key investors include General Electric.

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