Evolution Innovation Group
AI-Driven Optimization Solutions for Core Business Systems
Startup Mature Business Software Est. 2011
Total Raised
$26.5M
Mature
Last Round
$22.5M
2 rounds
Investors
3
3 public
Team
2
11-50 employees
Confidence
90/100
News
3
articles
About
Evolution specializes in advanced AI technology solutions, focusing on optimizing core business systems. Their proprietary AI engines are aimed at improving energy efficiency, enabling cost savings, and supporting efforts to reduce carbon footprints. With dedicated divisions in energy, water, and cyber security, Evolution provides tools that help modernize infrastructure, enhance operational efficiency, and protect against cyber threats.
Classification
Sector
Business SoftwareIT, R&D & Data SolutionsData Analysis & Decision SupportIndustrial TechnologiesOperational Optimization Solutions
Core Technology
Artificial Intelligence
Target Customer
Energy, Utilities & Waste ManagementUtilitiesWater UtilitiesCommunication Services
Business Model
B2B
Tags
industry-4.0mobile-networksnetwork-managementmobile-carrierstelecommunicationenergy-efficiencywaterwater-utilities
Funding & Events
May 2015
B Round $22.5M
GE Ventures, Berkshire Hathaway
A Round $4M
Breslau Capital Partners
News (3)
May 19, 2015 · www.globes.co.il
growth-positive
Warren Buffett invests in Israeli co eVolution Networks
InvestmentExpand
Jan 29, 2013 · blogs.wsj.com
Israel's eVolution Develops Sleep Mode for Cellphone Networks
Jan 25, 2013 · gigaom.com
Israeli startup eVolution creates a power-saver mode for mobile networks
Details
Product Stage
Released
Employees
11-50
Exact Count
14
District
Center District
Founded
2011
Crunchbase
evolution-networks
Locations
Hahilazon Street 6, Ramat Gan, Israel
18 E 16th St New York, NY 10003
Plaza Bal Harbour Punta Paitilla
Av. Paulista, 1337 Sao Paulo, SP 01311-200
Links
Admin
Last Update
Apr 4, 2024
Missing
markets, not claimed
Team (2)
Roy Morad
CEO
Idan Cohen
CTO