electric imp, inc.
electric imp, inc. is a company.
Financial History
Leadership Team
Key people at electric imp, inc..
Frequently Asked Questions
Who founded electric imp, inc.?
electric imp, inc. was founded by Kevin Fox (Co-Founder).
electric imp, inc. is a company.
Key people at electric imp, inc..
electric imp, inc. was founded by Kevin Fox (Co-Founder).
Key people at electric imp, inc..
electric imp, inc. was founded by Kevin Fox (Co-Founder).
Electric Imp, Inc. is a portfolio company that builds a secure IoT connectivity platform, enabling manufacturers and developers to connect devices to the internet quickly and reliably. It solves complex challenges in connectivity, security, and lifecycle management, allowing customers to go from proof-of-concept to market-ready products in months, serving IoT product creators across industries like home security, beverages, and semiconductors.[1][3][5] The platform features integrated hardware (e.g., imp006 module with CAT-M1/NB-IoT/2G cellular, WiFi, BLE), software, OS, APIs, and cloud services, powering millions of devices; founded in 2011, it raised $43.9M before acquisitions—first by Twilio in 2020, then becoming part of KORE Wireless.[1][3]
Electric Imp was founded in 2011 in Los Altos, California, to simplify IoT device connectivity amid the rise of the Internet of Things.[1][4] Key founders and early team focused on creating a WiFi-enabled solution with embedded processors and antennas in pluggable cards resembling SD cards, dramatically cutting costs and time-to-market for connected products.[3] Early traction came from $44M in funding, including a 2016 Series C led by investors like Ramparts Capital, PTI Ventures, Foxconn, Redpoint, and Lowercase Capital, enabling expansion into greenfield and brownfield IoT applications like home security systems.[3] Pivotal moments included launching programmable network cards and building partnerships, culminating in its 2020 acquisition by Twilio (terms undisclosed) and integration into KORE Wireless.[1][3]
Electric Imp rides the explosive growth of IoT, connecting billions of devices and automating industries post-Industrial Revolution-scale disruption.[1][3] Its timing aligned with surging demand for secure, scalable connectivity as IoT expanded into consumer (e.g., security systems) and enterprise applications, boosted by market forces like cloud computing (AWS partnerships) and time-series data needs (InfluxData).[2][3] By simplifying M2M communication and enhancing automation—linked to 63% of businesses reporting profitability gains—it influences the ecosystem through developer tools, partner integrations, and powering real-world deployments, now amplified via Twilio and KORE Wireless for broader cellular IoT reach.[1][2][3][5]
Electric Imp's platform positions it for sustained relevance in a maturing IoT market emphasizing multi-wireless flexibility and edge security. Next steps likely involve expanding imp006 adoption, deepening KORE integrations for global cellular rollout, and leveraging ecosystem partners for vertical-specific solutions amid 5G and edge computing trends.[1][2][5] As IoT scales to trillions of devices, its focus on frictionless connectivity could evolve influence toward managed services, tying back to its core mission of transforming the world through secure, rapid IoT deployment.[1]