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Electric Imp - About the company

Electric Imp is an acquired company based in Los Altos (United States), founded in 2011 by Kevin Fox and Hugo Fiennes. It operates as a Connectivity through embedded hardware and software platform. Electric Imp has raised $43.9M in funding from Rampart Capital. The company has 738 active competitors, including 95 funded and 76 that have exited. Its top competitors include companies like Particle, Silicon Labs and PTC.

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.
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Key Metrics
Founded Year
2011
Location
Los Altos, United States
Stage
Acquired
Total Funding
$43.9M in 3 rounds
Latest Funding Round
Ranked
Employee Count
7 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Twilio (Jul 09, 2020)

Electric Imp's acquisition details

Electric Imp got acquired by Twilio on Jul 09, 2020.
Click here to take a look at Electric Imp's acquisition in detail
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Electric Imp's funding and investors

Electric Imp has raised a total funding of $43.9M over 3 rounds. Its first funding round was on May 16, 2012. Its latest funding round was a Series C round on Apr 07, 2016 for $*****. 2 investors participated in its latest round. Electric Imp has 6 institutional investors.

Here is the list of recent funding rounds of Electric Imp:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 07, 2016
1305942
Series C
8075708
9600698
5779937
1984615
Aug 13, 2014
9511077
Series B
7864509
9747058
1039402
May 16, 2012
6416264
Series A
1805582
1706654
1540333
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Electric Imp's founders and board of directors

Founder? Claim Profile
The founders of Electric Imp are Kevin Fox and Hugo Fiennes.
Here are the details of Electric Imp's key team members:

Electric Imp's employee count trend

Electric Imp has 7 employees as of Mar 26. Here is Electric Imp's employee count trend over the years:
Employee count trend for Electric Imp
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Electric Imp's Competitors and alternates

Top competitors of Electric Imp include Particle, Silicon Labs and PTC. Here is the list of Top 10 competitors of Electric Imp, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Particle
Particle
2011, San Francisco (United States), Acquired
Developer of a prototype to production connectivity platform for IoT
$135M
78/100
2nd
Logo for Silicon Labs
Silicon Labs
1996, Austin (United States), Acquired
Developer of wireless and non-wireless technologies, software, tools, and services
-
75/100
3rd
Logo for PTC
PTC
1985, Boston (United States), Public
Provider of software for product lifecycle management, CAD, IoT, and service
-
73/100
4th
Logo for MaintainX
MaintainX
2018, San Francisco (United States), Acquired
Provider of a platform for maintenance and operations management solutions
$254M
71/100
5th
Logo for Winjit
Winjit
2004, Nashik (India), Seed
Provider of artificial intelligence, machine learning, and digital transformation solutions
$2.92M
67/100
6th
Logo for IDEMIA
IDEMIA
2007, Courbevoie (France), Funding Raised
Provider of biometric and cryptographic solutions for secure transactions and identities
-
67/100
7th
Logo for Ayla Networks
Ayla Networks
2010, Milpitas (United States), Series D
Provider of an IoT platform for smart home and device solutions
$144M
66/100
8th
Logo for Cradlepoint
Cradlepoint
2004, Boise (United States), Acquired
Provider of wireless wide area network and private cellular solutions
$155M
65/100
9th
Logo for Greenwave Systems
Greenwave Systems
2008, Irvine (United States), Acquired
Developer of software-defined network platform enabling virtual network operator capabilities
$75.1M
64/100
10th
Logo for ConnectM
ConnectM
2007, Marlborough (United States), Public
Network of companies delivering equipment, mobility, and distributed energy solutions
$12.1M
64/100
22nd
Logo for Electric Imp
Electric Imp
2011, Los Altos (United States), Acquired
Connectivity through embedded hardware and software platform
$43.9M
58/100
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Electric Imp's Investments and acquisitions

Electric Imp has made no investments or acquisitions yet.

Reports related to Electric Imp

Here is the latest report on Electric Imp's sector:

News related to Electric Imp

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•
Electric Imp introduces impCellular ServiceFinancial News•Jun 04, 2018•Electric Imp
•
SoftBank to Sell Electric Imp’s IoT Development KitsThe Fast Mode•Apr 03, 2017•SoftBank, Electric Imp
•
•
Embedded•May 16, 2012•Electric Imp, Redpoint Ventures, Lowercase Capital
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