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Smart Wires

3292 Whipple Road
Union City, CA 94587
Website Company Summary Management Team

CEO: Jim Davis (3/31/2014)
President/COO/Operations: Gregg Rotenberg (3/31/2014) ; Randall Sprout
Finance: Greg Tibbitts (4/30/2018)
Technology: Haroon Inam (11/30/2014)
Business Development: Mark Freyman
General Counsel/Legal: Alexandra Pressman
Former Employees: Bob Suehiro Lon Cunninghis

Outside board: (May no longer be on the board) Thomas R Voss (Ameren Former Chairman)

Business description: Smart Wires is the world’s leader in modular power flow control. Smart Wires technology enables utilities to unlock the large amounts of spare capacity that exists on their systems today. This means they can reduce congestion to save customers money and more quickly connect new renewables and demand. Increasing the use of the existing grid is more cost-effective and less disruptive to communities and the environment than traditional solutions. Smart Wires technology is quick to install and easy to scale or redeploy, providing valuable flexibility given today’s rapidly changing electric system. Based in California, with offices in Ireland and Australia, Smart Wires partners with utilities around the globe to address the unique challenges they face.
Customers include: TVA;  Southern Company
Partners include: Baltimore Gas and Electric ;  National Rural Electric Cooperative Association ;  NEETRAC ;  New Potato Technologies ;  Powerworld ;  Southern Company ;  Sturdy Corporation ;  Tennessee Valley Authority

Rounds: 6
Recent Fundings: Dec 2019   May 2018
Capital raised: 178.3M
Last Round: 75.0M
Ownership: Private  
VCs include: existing investors;  existing investor;  Total Access Fund ;  none identified;  RiverVest ;  Lime Rock New Energy
Private equity: 3×5 Partners

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Last Mentions

Record updated: Dec 2019
Sector: Clean Technology
Headcount: 101-150 as of Dec 2019
Rounds: 6
Recent Fundings: Dec 2019   May 2018
Capital Raised: 178.3M
Last Round: 75.0M
Ownership: Private