mPrest

Company Overview

Snapshot

Founded in November 2003 by Natan Barak, Alexander Arlievsky, and Eli Arlazoroff, mPrest operates with 51–200 employees. The company has raised $36 million across three funding rounds from four investors. In October 2017, New Zealand's Vector invested $10 million in mPrest.

Business overview

mPrest develops real-time control and orchestration software designed for monitoring and managing complex energy and utility systems. Its platform integrates operational and information data to facilitate grid operations, asset monitoring, and real-time decision-making within distributed energy environments. While primarily deployed in energy and utility management, the software also serves other mission-critical infrastructure sectors, including defense and industrial systems.

Strategic signal

In January 2026, mPrest became the target of a reported $100 million acquisition bid by US firm Ondas, led by former Rafael executives. This development signals significant market interest and potential strategic consolidation within the defense and critical infrastructure software sector, though the Defense Ministry is reportedly delaying approval due to classified projects, highlighting the company's involvement in sensitive technologies.

Company Intelligence Q&A

What is the primary focus of mPrest's technology?

mPrest specializes in real-time control and orchestration software for monitoring and managing complex energy and utility systems, integrating operational and information data for grid operations and asset management.

When was mPrest founded and by whom?

mPrest was founded in November 2003 by Natan Barak, Alexander Arlievsky, and Eli Arlazoroff.

Which company invested in mPrest in October 2017?

In October 2017, New Zealand's Vector Ltd invested $10 million in mPrest.

What was a significant partnership announced by mPrest in January 2019?

In January 2019, mPrest partnered with Southern Company for grid modernization and distributed smart energy applications.

What recent acquisition interest has mPrest attracted?

In January 2026, US firm Ondas reportedly made a $100 million bid to acquire mPrest, with the Defense Ministry delaying approval due to classified projects.