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 3 funding rounds from 4 investors. In January 2026, mPrest was the subject of a reported $100 million acquisition bid by Ondas, though the deal faced delays due to the Israeli Defense Ministry's approval process.

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 support 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 contexts, including defense and industrial systems, operating within the Energy Tech sector.

Strategic signal

A significant development for mPrest occurred in January 2026 with a reported $100 million acquisition bid from Ondas. This potential acquisition highlights the strategic value of mPrest's technology, particularly its software, which has roots in Israel's Iron Dome defense system. The reported delay in approval from the Israeli Defense Ministry underscores the dual-use nature and national security implications of mPrest's core technology, signaling its critical role beyond commercial energy applications and its strategic importance to governmental interests.

Company Intelligence Q&A

What was the most recent significant corporate development for mPrest?

In January 2026, mPrest was reportedly the target of a $100 million acquisition bid by Ondas. The acquisition faced delays due to the Israeli Defense Ministry's approval process, indicating the strategic importance of mPrest's technology.

When did mPrest expand its solutions into the Microsoft Azure Marketplace?

In October 2021, mPrest made its mDERMS and mTHM solutions available in the Microsoft Azure Marketplace, expanding its reach and accessibility for energy and utility clients.

Which company selected mPrest as a DERMS provider in February 2023?

In February 2023, Energy Queensland selected mPrest as its Distributed Energy Resource Management System (DERMS) provider, indicating continued adoption of mPrest's energy management solutions.

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

In January 2019, mPrest partnered with Southern Company for grid modernization and distributed smart energy applications, demonstrating its collaboration with major utility providers in North America.