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Itron Inc.

Energy and Water Management LIBERTY LAKE, Wash. ~300 employees
Founded
--
Employees (Est.)
~300
15 leaders known
Total Funding
$1.2B
Funding Rounds
2
Last Funding
2024-06-17

About Itron Inc.

Itron is a proven global leader in smart energy and water solutions, serving over 8,000 customers in more than 100 countries. The company focuses on building innovative solutions to create efficiencies, connect communities, encourage conservation, and increase resourcefulness for utilities and cities, addressing critical infrastructure challenges and sustainability issues.

Products & Services

Communication Networks:Solutions for intelligent connectivity and network implementation.
Consumer Engagement:Tools to engage consumers and manage data through platforms like DataHub.
Data Management & Analytics:Services including meter data management, energy forecasting, and settlements.
Distributed Energy Resource Management System (DERMS):Enhances grid resilience by managing distributed energy resources.
Distribution Automation:Solutions for automating distribution processes.
Grid Edge Management:Includes distributed intelligence, grid operations, and planning for operational efficiency.
Metering Solutions:Metering for electricity, gas, and water, along with integration services.
Smart Cities:Solutions for smart lighting, traffic, public safety, and sustainability through the CityEdge platform.
Smart Electricity Management:Advanced metering infrastructure, automated meter reading, and grid operations.
Smart Gas Management:Solutions for gas edge, AMR/AMI, and distribution safety.
Smart Water Solutions:Tools for water management, including AMR/AMI and non-revenue water solutions.
Services:Customer support, delivery, and managed services.

Specialties

Smart Metering Grid Reliability Distributed Energy Resource Management Water Conservation Energy Transition Decarbonization Transportation Electrification Smart City Solutions

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 700000000
MR: -
FA: $700 million
FAN: 700000000
D: 2024-06-17
FD: 2024-06-17
-
2 RT: Convertible Senior Notes
T: -
FT: Convertible Senior Notes
A: 500000000
MR: -
FA: $500.0 million
FAN: 500000000
D: 2024-06-17
FD: 2024-06-17
-
Debt Latest
2024-06-17
$700.0M
Convertible Senior Notes 2024-06-17
$500.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

T

Tom Deitrich

President and Chief Executive Officer

J

Joan Hooper

Senior Vice President and Chief Financial Officer

L

Laurie Hahn

Senior Vice President, Human Resources

C

Chris Ware

Senior Vice President, General Counsel & Corporate Secretary

J

John Marcolini

Senior Vice President, Networked Solutions

J

Justin Patrick

Senior Vice President, Device Solutions

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Recent News

Itron Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
itron.com
Industries
Energy and Water Management
Company Size
~300 employees (est.)
Locations
LIBERTY LAKE, Wash.
Liberty Lake, Wash.
Liberty Lake, Washington +2 more

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Technology Stack

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