mPrest

Startup
FUNDED
Applying Iron Dome technology to complex energy management systems
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PREVIOUS ROUNDS
$15,812,979
invested through OurCrowd in
2 previous rounds.
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WEBSITE
mprest.com
Enterprise SoftwareEnterprise Software

Overview: mPrest

mPrest Systems’ high-performance command-and-control software platforms meet mission-critical needs of sophisticated infrastructure projects in a range of sectors that rely upon advanced, real-time internet of things (IoT) industrial applications including energy, utilities, oil and gas, connected vehicles, defense, and security. Leveraging artificial intelligence (AI), mPrest’s distributed asset orchestration and optimization software organizes millions of sensors, devices, machines, sub-systems, information technology and operational technology applications providing organizations with end-to-end visibility, control, and optimization over complex and distributed processes. The company’s orchestration products have a proven record of successful deployments including the command-and-control system for Israel’s Iron Dome air defense system, as well as platforms managing distributed energy resources, and asset performance management by leading energy utilities worldwide. The company’s vendor-agnostic architecture is readily scalable and easily integrates new and legacy systems to reduce a project’s completion cycle from years to months. mPrest has deployments in several countries. Energy utilities use mPrest’s platforms including Southern Company and Vector in New Zealand and the New York Power Authority in the US. mPrest is partially owned by Israel’s Rafael Advanced Defense Systems.

The details here are based on information received from, and verified solely by, the company.
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mPrest Management Team

Natan Barak

CEO & Co-Founder

The founder and former commander of the Israeli Navy’s C4I branch, Natan is both a technological visionary and seasoned entrepreneur. He brings to mPrest nearly four decades of experience in the development and management of complex defense projects involving computing, software, communications and integration expertise. Natan retired as a colonel from the IDF in 2003, and co-founded mPrest. He has received several prestigious awards including the Israel Defense Force (IDF) Admiral’s Award for Innovation, the IDF’s Computer Excellence Award, and the 2012 Israel Defense Prize. Natan has an MA in business administration from Bar-Ilan University and a BSc in electrical engineering from the Technion – the Israel Institute of Technology

Ron Halpern

CCO

Ron, mPrest’s chief commercial officer, is an accomplished senior executive, experienced in the energy, industrial IoT, enterprise software, telecommunications, and venture capital industries. His career spans executive management roles in software products, services, consulting, system integration, and SaaS companies. Previously, Ron held executive and senior management roles in established companies and startups including executive VP of sales at cVidya (NASDAQ: DOX); executive VP of international sales at Genband (NASDAQ: RBBN); and client business executive and divisional VP at Amdocs (NASDAQ: DOX).

Amit Braytenbaum

COO

Amit brings over 15 years of expertise in developing innovative products for rapidly evolving energy, healthcare, cyber, and telecom markets. He held management positions at Verint, Comverse, and Amdocs in the domains of technology, innovation, R&D, and product management. With a strong academic expertise in business development and a thorough technical background (BScCS), Amit is a serial inventor, with nine granted patents in the areas of social media, BI, BSS, OSS, M2M, messaging, UX, and gaming.

Liran Cohen

SVP Defense

Liran heads the defense division in a role of senior Vice President. Prior to joining our mPrest, Liran was a career combat officer in the Israeli Air Force where he served in different capacities for 30 years, before retiring in the rank of colonel. Throughout his career Liran has had multiple command and staff positions and led large scale military organizations and projects accumulating significant experience in the fields of air defense, command and control, and national security. Liran holds a MA in national security from the University of Haifa and a BSc in industrial engineering from Ruppin Academic Center along with advanced command courses in the Israeli Defense Forces Staff Collage.

Udi Schwartz

CFO

Udi brings over 20 years of experience in finance and accounting in the high-tech and commercial industries. His experience stems from financial management roles at various private and public companies in the infrastructure and service-provider industries, as well as a decade of experience at KMPG in Tel Aviv. Udi holds a BA in economics and accounting from Bar-Ilan University and an MBA from Tel Aviv University, majoring in finance. He is a CPA since 2000.

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