Last deal

Amount

Grant

Stage

01.04.2012

Date

3

all rounds

$361.43M

Total amount

date founded

Financing round

General

About Company
Silver Spring Networks provides Smart Energy Platform™ for utilities to enhance services, reduce costs, and improve energy efficiencies.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Real Time Techcomm, Real Time Techcomm Inc

founded date

01.01.2002

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company builds real-time networks with open standards, allowing multiple vendors to create new products and services for utilities while remaining scalable and secure. Its IP-based networking products modernize city networks and enable metering solutions, credit and collection programs, and demand response/dynamic pricing. Silver Spring Networks connects important things with a cost-effective, high-performance IoT network and data platform, serving customers across five continents, including Baltimore Gas & Electric, ComEd, and Pacific Gas & Electric.
Legal Names

Legal name

Silver Spring Networks, Inc.
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Number of Funding Rounds

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Money Raised

Their latest funding was raised on 01.04.2012. Their latest investor BloombergNEF. Their latest round Grant

Date 
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People

Founders
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Ray Bell
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Scott Lang
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Scott Lang is Executive Chairman and Chairman of the Board for Silver Spring Networks. Scott was the company’s founding Chief Executive and served as President and Chief Executive Officer for 11 years. Prior to Silver Spring Networks, Scott first worked with Ross Perot at Electronic Data Systems and then joined Perot Systems in 1988, shortly after the company’s founding. During his career at Perot Systems, Scott spent 10 years in Europe building the company’s international business and went on to lead the Strategic Markets Group, which served the Global Energy, Communications, Media and Travel and Transportation industries. Scott holds a B.S. degree in Business Administration from the University of Mississippi and was a Graduate of the Advanced Executive Program from The Kellogg School of Management at Northwestern University. Under Scott’s leadership, Silver Spring Networks was named a 2008 World Economic Forum Technology Pioneer. In 2009, Scott was named Ernst & Young’s 2009 Entrepreneur of the Year in Northern California in the clean tech category and Responsible CEO of the Year in the Private Company category by the editors of CRO Magazine. In 2011, Scott was named the Most Admired CEO in Sustainability by the San Francisco Business Times. Scott and his wife Karen, have four daughters.

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Turvo
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Scott Lang

Don Dresselhuys

Don Dresselhuys is Founder at Silver Spring Networks.

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Silver Spring Networks

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Don Dresselhuys

Eric Dresselhuys
Eric Dresselhuys

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ESS
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Eric Dresselhuys

Employee Profiles
50
Sean Tippett

Sean Tippett

Director of Business Development for Smart Cities & IoT

Don Sturek

Director, Standards and Technology

Raj Vaswani

Raj Vaswani

Chief Technology Officer

CJ Boguszewski

CJ Boguszewski

Director of Product Management

John O'Farrell

John O'Farrell

EVP

Don Dresselhuys

Founder

Anil Gadre

Anil Gadre

Executive Vice President, Products and CMO

Gary Hammer

Gary Hammer

Services Business Development

Activity

Recent News
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