Afero

IoT Platform for Smart, Secure Connected Products

Los Altos, United States · $73.2M raised

Employees
51–200
Business Model
B2B
Website
afero.io
Total Funding
$73.2M
Last Round
$52.9M Series CDec 2021
Rounds
2

About

Afero is a Silicon Valley IoT Platform-as-a-Service (PaaS) company that provides manufacturers and brands with an end-to-end secure connected device platform, enabling them to bring IoT products to market up to 80% faster. The Afero IoT Platform covers hardware module design, firmware, mobile app, and cloud services, allowing engineers to reuse up to 90% of their work across projects and enabling connected devices to participate in business processes securely at scale. Afero holds over 130 IoT patents and serves enterprise IoT manufacturers across home and industrial markets, differentiating through its security-first architecture and rapid time-to-market acceleration. The company was founded by Joe Britt, who previously co-founded Danger Research (acquired by Microsoft for $500M) and worked at Google on Android.

Summary

Afero is a SaaS company based in Los Altos, United States. It has raised $73.2M in total across 2 rounds, most recently a $52.9M Series C round in Dec 2021. Investors include Crosspoint Capital Partners, The Home Depot and Samsung Catalyst Fund.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Series CSeries CDec 2021
$52.9M

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Series A through Series C — per-round amounts, valuations, and who invested in each round.

Investors

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