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SilverSpring Networks

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The Network for a Smarter World

San Jose, United States · Founded 2002 · $165.0M raised

Employees
501–1000
Founded
2002
Business Model
B2B
Total Funding
$165.0M
Last Round
$90.0M Series EApr 2009
Rounds
4

About

Silver Spring Networks was a San Jose-based provider of smart grid networking products and software, enabling utilities to build and manage large-scale IPv6-based wireless mesh networks connecting smart meters, consumers, and grid infrastructure in real time. The company served major utilities including Pacific Gas & Electric and Florida Power & Light across the US, Australia, Canada, Latin America, and Europe. It went public on the NYSE in 2013 and was acquired by Itron in January 2018 for $830 million, after which it was renamed Itron Networked Solutions.

Summary

SilverSpring Networks is a Climate Tech company based in San Jose, United States, founded in 2002. It has raised $165.0M in total across 4 rounds, most recently a $90.0M Series E round in Apr 2009. Investors include Foundation Capital, Kleiner Perkins and DAG Ventures.

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Funding History

IPOMar 2013
$92.9M

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Investors

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