Silver Spring Networks

Builds networks that enable a utility to make the business changes necessary today to improve efficiency, reliability, and customer service while reducing costs.

Launch date

2002

Employees

201-500 people

Market cap

Enterprise valuation

CAD1.1b (Public information from Sep 2017)

Redwood City California (HQ)

http://silverspringnetworks.com

https://twitter.com/silverspringnet https://www.facebook.com/silverspringnetworks https://www.linkedin.com/company/silver-spring-networks/

Date	Investors	Amount	Round
-	GV	N/A	-
Mar 2004	Foundation Capital JVB properties	$6.0m	Series A
Jun 2005	Foundation Capital JVB properties	$3.5m	Series A
Mar 2006	Foundation Capital JVB properties	$5.0m	Series B
Apr 2007	N/A	$10.5m	Debt
Jun 2008	Foundation Capital Edison Electric Institute	$17.4m	Series C
Oct 2008	Kleiner Perkins Foundation Capital NORTHGATE CAPITAL LTD JVB properties	$75.0m	Late VC
Apr 2009	Kleiner Perkins	$90.0m	Series D
Dec 2009	Northgate Capital Kleiner Perkins Foundation Capital DFJ Growth	$100m	Late VC
Jul 2011	SuRo Capital	N/A	Growth Equity VC
Dec 2011	EMC	$24.0m	Debt
Mar 2012	HGST	$30.0m	Debt
Apr 2012*	BloombergNEF	N/A	Support Program
Mar 2013	Northgate Capital Kleiner Perkins Foundation Capital SuRo Capital EMC DFJ Growth	$12.0m	Post IPO Equity
Mar 2013	N/A	$80.8m Valuation: $772m	IPO
Sep 2017	Itron	$830m Valuation: $830m	Acquisition
Total Funding		CAD405m

Detectent

ACQUISITION by Silver Spring Networks Jan 2015

Streetlight.Vision

ACQUISITION by Silver Spring Networks May 2014

Silver Spring Networks

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