Metrycom Communications
Wireless Sensor Solutions
Company Overview
Snapshot
Founded in August 2008, Metrycom Communications operated with 1–10 employees and was acquired by Megger in January 2021. The company developed smart-grid sensor solutions for high-voltage power grids, securing funding from Karat - Israel Electric Corporation across one funding round.
Business overview
Metrycom Communications specializes in developing low-cost smart-grid sensor solutions designed for high-voltage power grids. The company's core technology brings the power of the Internet of Things to utility companies, providing continuous visibility over high-voltage transmission and distribution lines. This enables utilities to reduce maintenance costs, enhance safety and reliability, and improve power quality. Metrycom operates within the Energy Tech and Industrial Technologies sectors, serving the electric utilities market with products like MetryView and MetrySense.
Strategic signal
In January 2021, Metrycom Communications was acquired by Megger, a multinational company specializing in electrical test equipment. This acquisition signals a strategic consolidation within the energy technology sector, allowing Megger to integrate Metrycom's smart-grid monitoring solutions into its offerings. For investors, this indicates a successful exit for Metrycom and highlights the increasing value placed on advanced grid monitoring and IoT solutions for utility infrastructure.
Log in to access full profile ›Company Intelligence Q&A
- What is Metrycom Communications' primary focus?
- Metrycom Communications develops low-cost smart-grid sensor solutions for high-voltage power grids, aiming to provide continuous visibility and improve the efficiency and safety of transmission and distribution lines for utility companies.
- When was Metrycom Communications acquired?
- Metrycom Communications was acquired by Megger in January 2021, leading to its current status as Acquired (Inactive).
- Which company acquired Metrycom Communications?
- Megger, a multinational company, acquired Metrycom Communications in January 2021.
- Did Metrycom Communications receive any investment?
- Yes, Metrycom Communications secured funding from Karat - Israel Electric Corporation in April 2011.
- What products does Metrycom Communications offer?
- Metrycom Communications offers products such as MetryView and MetrySense, which are part of its smart-grid sensor solutions.