
mPrest
Smart Management, Control and Big Data Analytics Software for the Internet of Energy and Industrial IOT.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | $10.0m | Series B | |
Total Funding | 000k |
mPrest is an Israeli software company specializing in mission-critical monitoring, control, and analytics software, famously recognized for developing the command and control system for Israel's Iron Dome air defense system. Founded in 2003 by CEO Natan Barak, along with Reuven Gamzon and Eli Arlazoroff, the company emerged from the founders' extensive experience in the Israeli defense forces. Barak, a retired Colonel, served as the commander of the Israeli Navy's C4I (Command, Control, Communications, Computers, and Intelligence) branch, bringing deep expertise in managing complex defense technology projects to the firm. This military-honed proficiency formed the bedrock of mPrest's technology.
The company's core offering is a sophisticated, AI-driven "system of systems" platform built on a microservices architecture. This design enables the integration of disparate sensors, systems, and assets—both legacy and new—into a single, unified interface for real-time visualization, analytics, and control. The platform's vendor-agnostic nature allows clients to adopt a "best of breed" strategy, connecting thousands of sensors and data points to provide end-to-end visibility. mPrest generates revenue by providing these software solutions to a diverse client base across several key sectors.
While its origins are in defense, mPrest has successfully adapted its battle-proven technology for commercial applications. The firm's primary focus is now on the energy sector, offering products like a Distributed Energy Resource Management System (DERMS) and an Asset Health Management (AHM) application. These tools help utilities manage the complexities of renewable energy integration, monitor the health of critical assets like transformers in real-time, and optimize grid performance. Notable clients include the New York Power Authority and the Israel Electric Corporation. Beyond energy, mPrest serves the smart city, water utility, and Industrial IoT markets, providing solutions for critical infrastructure protection and mobile asset management. The company has secured approximately $30 million in funding from investors including GE Ventures, OurCrowd, and Rafael Advanced Defense Systems, which owns a 50% stake.
Keywords: command and control software, C4I systems, Iron Dome, industrial IoT, energy management systems, distributed energy resource management (DERMS), asset health management, smart grid solutions, utility software, situational awareness, system of systems integration, mission-critical systems, OT/IT integration, real-time analytics, predictive maintenance, smart cities, critical infrastructure protection, defense technology, Natan Barak, Rafael Advanced Defense Systems