Ibis Networks

Ibis Networks is a data management software provider for businesses to track their electrical usage.

Business Model: B2B

Revenue: $0

Employees: 11-50

Detailed Ibis Networks Information

Geographic Data

Ibis Networks headquarters map

Address:

City: Honolulu

State: Hawaii

Zip:

Country: United States

Financial Info

Stage:

series a

Raised Last:

$3M

Raised Total:

$4M

Metrics

0Website Global Rank

0Website Monthly Traffic

Twitter Followers

Description

WattIQ was founded as Ibis Networks in 2013 to solve the problem of wasted energy from electrical devices that consume power even when not in use. This problem costs businesses billions of dollars in excess costs per year. Our first commercial product was launched in 2014, with early deployments focused on proving the scalability and reliability of our networked smart plugs across higher education, K-12 schools and projects driven through utilities. Over the past year, we have expanded our solution offering to address asset utilization and condition monitoring, enabling businesses to use energy consumption data to optimize asset sharing, reduce unnecessary equipment purchases, identify bottlenecks in their processes, and reduce their carbon footprint through reduced purchasing and electricity consumption. We are excited to work with you to re-imagine your asset sharing, procurement and maintenance programs by unlocking your asset utilization and condition data.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
11/2013 Venture Round 1 - Elemental Excelerator
Elemental Excelerator
Elemental Excelerator
Elemental Excelerator
10/2013 Seed Round 1 - Elemental Excelerator
Elemental Excelerator
12/2014 Convertible Note 1 $1M Keiretsu Capital
Keiretsu Capital
1/2016 Venture Round 1 - Keiretsu Capital
Keiretsu Capital
10/2014 Seed Round 1 - Elemental Excelerator
Elemental Excelerator
12/2016 Series A $2.5M
5/2015 Venture Round 1 - Keiretsu Forum Northwest
Keiretsu Forum Northwest
1/2015 Debt Financing $450k
1/2016 Venture Round 1 - Keiretsu Capital
Keiretsu Capital
5/2015 Venture Round 1 - Keiretsu Forum Northwest
Keiretsu Forum Northwest
10/2014 Seed Round 1 - Elemental Excelerator
Elemental Excelerator
11/2013 Venture Round 1 - Elemental Excelerator
Elemental Excelerator
Elemental Excelerator
Elemental Excelerator
10/2013 Seed Round 1 - Elemental Excelerator
Elemental Excelerator
Announced Date Name Price

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