Metrycom Communications

Company Overview

Snapshot

Founded in August 2008, Metrycom Communications operates with 1–10 employees. The company secured funding across one disclosed round from one investor, raising a total of $587,741. A significant milestone for the company was its acquisition by Megger in January 2021.

Business overview

Metrycom Communications develops low-cost smart-grid sensor solutions designed for high-voltage power grids. The company's core technology leverages the Internet of Things to provide continuous visibility over high-voltage transmission and distribution lines, aiming to reduce maintenance costs and enhance safety and reliability for utilities. Its system, featuring unique sensors, operates for extended periods without maintenance, serving the energy tech and industrial technologies sectors by improving power quality and reducing operational expenses for electric utilities globally.

Strategic signal

In December 2021, Megger acquired Metrycom Communications, a move that signals a strategic consolidation within the smart grid monitoring solutions market. This acquisition by a multinational entity like Megger validates Metrycom's technology and market position, indicating a growing industry focus on integrating advanced sensor solutions for grid optimization and reliability.

Company Intelligence Q&A

When was Metrycom Communications acquired?

Metrycom Communications was acquired by Megger in January 2021.

What was a key product deployment by Metrycom Communications?

In May 2014, Metrycom Communications' MetrySense-4000 Solution was deployed by IEC to monitor high voltage lines.

Which entity invested in Metrycom Communications in April 2011?

In April 2011, Israel Electric Corporation (IEC) invested in Metrycom Communications.

What is Metrycom Communications' primary focus?

Metrycom Communications focuses on developing low-cost smart-grid sensor solutions for high-voltage power grids, aiming to provide continuous visibility and reduce maintenance for utilities.

What is the employee size of Metrycom Communications?

Metrycom Communications operates with 1–10 employees.