Foundries
formerly Foundries.ioIoT Device Development & Management Platform | Foundries.io
Founded 2017 · $11.5M raised
- Founded
- 2017
- Business Model
- B2B
- Website
- foundries.io
- Total Funding
- $11.5M
- Last Round
- $8.0M Series AJun 2021
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Foundries.io was a Cambridge, UK-based company founded in 2017 that built FoundriesFactory, a cloud-native DevOps platform for developing and securely deploying Linux- and AI-based IoT and edge devices. Its Linux microPlatform (LmP) operating system and secure-boot-to-cloud update framework helped OEMs across automotive, industrial, smart-appliance, and robotics markets reduce development costs, speed time to market, and keep embedded device fleets updated over the air. In March 2024, Foundries.io was acquired by Qualcomm Innovation Center (QUIC) and now operates as an independent QUIC subsidiary.
Summary
Foundries is a Developer Tools company, founded in 2017. It has raised $11.5M in total across 2 rounds, most recently a $8.0M Series A round in Jun 2021. Investors include Crane Venture Partners, IQ Capital Partners and Backed.
Tech & App Stack
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Funding History
Jun 2021
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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