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Afero Raises $20.3 Million in Series A To Accelerate IoT

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Afero, the platform bringing secure connectivity to the Internet of Things for both enterprises and the home, has completed a $20.3 million Series A financing led by Samsung Catalyst Fund. The round is also joined by the SoftBank Group, Fenox Venture Capital, Presidio Ventures, Sanshin Electronics Co. Ltd., Robert Dobkin, and Assembly Partners.

“Our technology helps companies rapidly create and deploy connected products by automating the core embedded, mobile, and cloud development tasks,” said Joe Britt, CEO and co-founder of Afero. “Afero was designed to speed and simplify product development, whether companies choose to modernize a legacy product or create something entirely new.” Read more

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