Larotec

Remote Control and Energy Consumption Monitoring

Energy Tech
Acquired (Inactive) by Beeper Communications on Jan 2012 - closed due to acquisition
Acquired Ramat Gan Founded 2005
Total raised
$3.0M
Last: Seed 2008-02
Stage
Acquired
Founded
2005
Headcount
6
HQ
Ramat Gan
Sector
Energy Tech

About

Larotec offers solutions for mini-SCADA systems that enable monitoring and control of field equipment, such as air conditioning units, motors, intrusion alarm switches, sensors, lights, and earthquake early warning systems. Typical applications include remote meter reading, security systems, industrial alarm systems, energy management, and water/wastewater applications. Each Interface Communication Unit (ICU) provides overall monitoring and control while also reporting on the cellular reception quality of the unit itself. This versatile system can utilize a number of cellular links and/or ethernet connections to the server database. The web-based application enables easier data transfer and user access. Since 2011, Larotec has been a division of the Beeper Group, which specializes in the development, manufacturing, and implementation of a variety of remote monitoring and control solutions. In 2012, Larotec became a division of Beeper Communications Ltd.

Funding history · 1 round · $3.0M total

2008-02
Seed $3.0M

Company Intelligence Q&A

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What is Larotec's primary business focus?
Larotec specializes in providing mini-SCADA systems for remote monitoring and control of field equipment, including air conditioning units, motors, and various sensors.
When was Larotec founded?
Larotec was founded in November 2005.
What is the current status of Larotec?
Larotec is currently inactive, having been acquired by Beeper Communications in January 2012.
When did Larotec become a division of the Beeper Group?
Larotec became a division of the Beeper Group in 2011.
When did Larotec become a division of Beeper Communications Ltd.?
Larotec became a division of Beeper Communications Ltd. in 2012.
How much funding has Larotec raised in total?
Larotec has raised a total of $3,000,000 in funding.
When was Larotec's last funding round and who was a lead investor?
Larotec's last funding round was a Seed round in February 2008, with Athlone Global Security as an investor.
What is the estimated employee count for Larotec?
Larotec has an estimated employee count of 6.

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Consumption & Efficiency
Technologies
Communications
Target customers
Real Estate & ConstructionManagementResidentialCommercialConsumersFinancial & Real Estate
Business model
B2BB2C

Tags

telecommunicationsmart-homeremote-monitoringwaste-waterisoalert-systemscadaenergy-saving