Afero Raises $20.3M in Series A

What doed Afero do?

Afero, is a platform that is bringing secure connectivity to the IoT for home and enterprises. It is a secure and comprehensive platform for cloud connected devices for all the industries. The company was created by hardware and mobile veterans from Apple, Google, Twitter, Amazon and Netflix. The company’s tunrkey architecture uses a Bluetooth Smart module, which are cloud services that are scalable and it offers many development tools which help developers and companies in quickly building and prototyping connected devices, then collect analytics which are meaningful. The company empowers other companies and entreprenuers in improving people’s communication. The company connects smart devices and enables them to work together.

How much Afero was funded?
The company raised $20.3 M in Series A on May 18, 2016 from Assembly Partners, SANSHIN ELECTRONIC CO., LTD., Robert Dobkin, Fenox Venture Capital, Presidio Ventures, Samsung Catalyst Fund and SoftBank.
What is next for Afero?
Afero, has built a good end to end platform solution which solves problems for the companies which are struggling to set up, manage and deploy Internet of Things at a wide scale. The company’s investment will help improve its strategy of open innovation and collaboration, which will boost innovative startups and help them in carrying their visions to market more effectively.
More about Afero
Afero was founded in 2014 by Joe Britt and Shin Matsumura. The company’s technlogy helps other companies in rapidly creating and deploying their connected products by automating the core embedded, cloud and mobile development tasks. The company was designed for boosting and simplifying product development whether companies choose to create something totally new or a legacy product.
The company is serving as a secure foundation for companies to drive IoT innovation and reimagine industries such as manufacturing, retail, automotive, office supply, gaming, consumer electronics and a lot more.