E
eMeter
Health · Foster City, United States · Founded 1999
Agility in Energy. Ahead of the Challenge. Ahead of the Change. We deliver solutions to empower energy utilities and to transform the world of tomorrow MoreLess
In 1999, long before "smart grid" was a common term, Cree Edwards co-founded eMeter with a clear vision. The company set out to build the essential software layer for utilities. Their product, EnergyIP, was a meter data management (MDM) platform designed to collect, process, and make sense of the vast amounts of data from electric, gas, and water meters. This software enabled utilities to move beyond manual readings and into a world of real-time grid information, helping them manage operations and improve customer service. The company attracted serious attention from Silicon Valley and strategic players. eMeter raised a total of $67.9 million from investors including Sequoia Capital and Foundation Capital. A pivotal moment came in 2008 when the industrial giant Siemens led a $12.5 million funding round, signaling a deep strategic partnership that was already in place. This investment validated eMeter's approach and integrated its software into Siemens' broader smart grid solutions. The playbook culminated in December 2011. Siemens, having worked closely with the company for years, moved to acquire eMeter outright. The deal, reportedly valued between $180 million and $220 million, was a strategic exit for a company that had positioned itself as a critical component in the future of energy management. Under the leadership of then-CEO Gary Bloom, eMeter was integrated into Siemens' Smart Grid Division, becoming the core of its meter data management operations and solidifying its technology's role on a global stage.
Company overview
eMeter company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 1999
- Headquarters
- Foster City, United States
- Employees
- 36
- Open positions
- None listed
- Dealroom signal
- 64.5
Valuation & funding
eMeter funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Dec 2011 | $0 | — | Undisclosed | — |
| SUPPORT PROGRAMOther financing | Apr 2011 | $0 | — | BloombergNEF | ↗ |
| SERIES GOther financing | Jul 2010 | $13M | $50M | Foundation Capital · Sequoia · Siemens | — |
| SERIES FOther financing | Jul 2009 | $32M | $128M | Sequoia | — |
| SERIES EOther financing | Apr 2008 | $13M | $50M | N47 | — |
| SERIES DOther financing | Apr 2007 | Foundation Capital | — | ||
| SERIES COther financing | Aug 2004 | Undisclosed | — | ||
| DEBTDebt | Feb 2004 | Undisclosed | — |
Growth signals
eMeter website traffic
Latest recorded traffic for eMeter is 130 monthly website visits, down 99.6% over the last three months. eMeter's team declined 12.2% over the past year.
Comparisons
eMeter compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
eMeter's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where eMeter has talent and traffic
team presence
In the news
Latest news about eMeter
Recent press, funding announcements, and product moves mentioning eMeter — open to read from the original sources.
Market sentiment
What the market is saying about eMeter
An AI-synthesized read of the highest-engagement posts about eMeter on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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