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 January 2026, mPrest became the target of a $100 million acquisition bid by US firm Ondas, though the Defense Ministry is delaying approval.
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
In January 2026, mPrest became the subject of a $100 million acquisition bid by US firm Ondas. This development signals significant external validation of mPrest's technology and market position, particularly given the Defense Ministry's involvement due to classified projects. For investors, this indicates strong potential for a high-value exit and highlights the strategic importance of mPrest's dual-use technology in both commercial and defense sectors.
Log in to access full profile ›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.