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.

How many employees does Echelon have?

As of May 31, 2026, the latest employee count at Echelon is 126.

Is Echelon a funded company?

Echelon is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Mar 04, 2011.

How much is Echelon worth?

The last known valuation of Echelon was $***** as of Jun 29, 2018.

When was the latest funding round of Echelon?

Echelon's latest funding was a $***** PE round on Mar 04, 2011, with participation from 0 investor. Its primary sector is Energy Efficiency Tech. In United States, the Energy Efficiency Tech sector has seen $4.6B in funding in 2026 to date.

Where does Echelon rank among its competitors?

Echelon ranks 19th amongst 4619 active competitors, of which 597 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Echelon?

Echelon's top competitors include Landis+Gyr, Metronome and SPAN. Among them, Sense secured the most recent funding round in January, 2026.

Echelon - 2026 Company Profile, Funding & Competitors

Q: Is Echelon an acquired company?

Echelon got acquired by Adesto on Jun 29, 2018.

Echelon is an acquired company based in Santa Clara (United States), founded in 1988. It operates as a Provides an open-standard embedded platform for IoT Applications. Echelon has raised $16M in funding, with last known valuation of $*****. The company has 4619 active competitors, including 597 funded and 410 that have exited. Its top competitors include companies like Landis+Gyr, Metronome and SPAN.

Company Details

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.

Website: echelon.com
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Email ID: *****@echelon.com
Part Of

Key Metrics

Founded Year

1988

Location

Santa Clara, United States

Stage

Acquired

Total Funding

$16M in 1 round

Latest Funding Round

PE, Mar 04, 2011, $*****

Last Known Valuation

$***** as on Jun 29, 2018

Investors

DTE Energy Ventures & 6 more

Ranked

19^th among 4619 active competitors

Employee Count

126 as on May 31, 2026

Investment & Acquisitions

Immerzen Labs

Similar Companies

Landis+Gyr & 6135 more

Exit Details

Acquired by Adesto (Jun 29, 2018)

View Echelon's full profile

Echelon is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Echelon Corporation CIN: 770203595 , United States, Active	Dec 31, 1987	-	40 (As on Dec 31, 2018)	-

Echelon got acquired by Adesto on Jun 29, 2018 at an acquisition amount of $*****.

Click here to take a look at Echelon's acquisition in detail

Echelon has raised a total funding of $16M over 1 round. Echelon has 7 institutional investors.

Here is the list of recent funding rounds of Echelon:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 04, 2011	3428399	PE	2392145	1249214	9485258	5806597

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View details of Echelon's funding rounds and investors

Echelon's employee count trend

Echelon has 126 employees as of May 26. Here is Echelon's employee count trend over the years:

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Top competitors of Echelon include Landis+Gyr, Metronome and SPAN. Here is the list of Top 10 competitors of Echelon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Landis+Gyr 1896, Cham (Switzerland), Acquired	Manufacturer of electric meters and grid edge data management software	$1.03B	Triodos Investment Management, Hudson Clean Energy Partners ... & 3 others	77/100
2nd	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, Andreessen Horowitz ... & 17 others	73/100
3rd	SPAN 2014, San Francisco (United States), Series C	Smart energy management technology platform that modernizes residential electrical systems	$419M	Wellington, Fifth Wall & 33 others	73/100
4th	Sense 2013, Cambridge (United States), Series D	Smart energy platform providing real-time electricity usage insights for homes and utilities	$177M	IDO Investments, Blue Earth Capital & 21 others	71/100
5th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Oak Investment Partners, Venrock & 19 others	70/100
6th	Bidgely 2011, Mountain View (United States), Series C	Provider of a solution for consumers to monitor and manage their household energy use	$87.7M	Khosla Ventures, Georgian & 11 others	69/100
7th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	69/100
8th	Smart Joules 2014, Delhi (India), Series B	Provider of AI-powered energy efficiency solutions for commercial buildings	$20.7M	Asian Development Bank, Aarem Ventures & 26 others	69/100
9th	Deako 2015, Seattle (United States), Series B	Manufacturer of modular smart lighting systems and related accessories	$65.1M	Kinetic Ventures, Tandem Capital & 10 others	67/100
10th	GridX 2010, Walnut Creek (United States), Series C	Cloud-based platform offering meter billing solutions	$68.2M	Energy Impact Partners, innogy Innovation Hub ... & 4 others	66/100
19th	Echelon 1988, Santa Clara (United States), Acquired	Provides an open-standard embedded platform for IoT Applications	$16M	DTE Energy Ventures, AVI Management Partners ... & 5 others	64/100