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Echelon  (Stock symbol: ELON )

2901 Patrick Henry Drive
Santa Clara, CA 95054
Website Company Summary Management Team

Outside board: (May no longer be on the board) Robyn Denholm (Juniper Networks) Betsy Rafael (Cisco Systems Corporate Controller) Armas Clifford Markkula (Echelon Vice Chairman) Robert J. Finocchio (Santa Clara University Executive Professor) Robert R. Maxfield (ROLM Founder)
Former outside board: M. Kenneth Oshman (Echelon Executive Chairman) Livio Gallo (Enel SpA Managing Director of the Networks and Infrastructures) Bertrand F. Cambou (Motorola Sr. VP) Michael E. Lehman (Sun Microsystems CFO) Richard M. Moley (Stratacom CEO) Arthur Rock (Venrock Associates);  Larry W. Sonsini (Wilson Sonsini Goodrich & Rosati)

Business description: Echelon Corporation (NASDAQ: ELON) develops, markets and supports the world's most proven, open standard, multi-application energy control networking platform. Echelon’s vision from its inception 20 years ago is one of low-cost embedded monitoring and control technology in every electrically controlled device in the world. Today Echelon’s technology platform is embedded in more than 100 million devices, 35 million homes, and 300,000 buildings. Our platform powers energy-savings applications for smart grids, smart cities and smart buildings that help customers save 20% or more on their energy usage, reduce outage duration or prevent them from happening entirely, reduce carbon footprint and more. Today Echelon offers, directly and through its partners worldwide, a wide range of innovative solutions including smart metering, smart grid optimization, smart street lighting, and smart buildings. We are headquartered in Silicon Valley, have sales offices around the world and a development center in Fargo, North Dakota.
Customers include: Cisco SystemsFuji ElectricHoneywell InternationalHPMicrosoftSamsungUnisys;  City of Oslo ;  City of Palo Alto ;  City of San Jose ;  Enel SpA;  EnergiMidt ;  ES Mätteknik ;  Hamburg's Elb-Tunnel ;  Lawrence Berkeley National Laboratory ;  Milton Keynes Council ;  Øvre Eiker ;  pleasure ports and marinas in the Mediterranean ;  SEAS-NVE ;  Shanghai Water Authority ;  Siemens AG;  Sifang Rolling Stock Research Institute ;  Singapore Management University ;  Stadtwerke Feldkirch ;  The City of Brasov, Romania ;  The Museum of Modern Art ;  Tsinghua Tongfang ;  United States Army Corps of Engineers;  Vattenfall
Partners include: Cisco SystemsCypress SemiconductorIBMInfor IXYS SamsungSchneider ElectricSun MicrosystemsToshiba;  Allied Digital Alliance ;  Avnet Memec ;  Chinese Government;  Enel ;  Gorlitz;  HCL Infosystems ;  Kolon Data Communication ;  NTT Data;  Onzo ;  Shenzhen Kaifa Tech;  Telvent;  TEMA AG;  Unitronics ;  WebGen Systems ;  Wonderware

Rounds: 6
Capital raised: 92.0M
Ownership: Public  
Stock Symbol: ELON
Corporate investors: AppleMotorola Ventures;  Quantum Fund

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Record updated: Apr 2016
Sector: Communications
Year Founded: 1988
Headcount: 151-200 as of Feb 2019
Rounds: 6
Capital Raised: 92.0M
Ownership: Public  
Stock Symbol: ELON