Electric Imp Lands $15,000,000 Series B Financing

  • Feed Type
  • Date
    8/13/2014
  • Company Name
    Electric Imp
  • Mailing Address
    5050 El Camino Real Los Altos, CA 94022 USA
  • Company Description
    Electric Imp is a startup which develops the Imp, a chip intended to provide Internet connectivity to all electrical devices. The Imp uses WiFi and a cloud service to make it easier than ever before for vendors to internet-enable their products, bringing the power of the internet to places and devices it could never reach before.
  • Website
    http://www.electricimp.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new funding adds to the $8 million Series A investment the company received in 2012, and will accelerate the continued rapid growth, development and worldwide adoption of the company’s platform and product portfolio.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor