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Afero

Description

Developer of an IoT platform for cloud-connected devices. The company's platform provides secure connectivity to the Internet of Things for both enterprises and the home and mitigates fragmentation in product development.

2014

Founded

PRIVATE

Status

11-50

Employees

Series A

Latest Deal Type

$20.3M

Latest Deal Amount

$22.5M

Total Amount Raised

Description

Developer of an IoT platform for cloud-connected devices. The company's platform provides secure connectivity to the Internet of Things for both enterprises and the home and mitigates fragmentation in product development.

Website:

www.afero.io

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Software Development Applications

Other Industries

Automation/Workflow Software
Network Management Software

Primary Office

4970 West El Camino Real Suite 100 Los Altos, CA 94022United States +1 (650) 899-0092
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Afero Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Afero Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Afero Investors (8)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Assembly PartnersOtherMinority000 0000000 0000
Fenox Venture CapitalVenture CapitalMinority000 0000000 0000
Presidio VenturesCorporate Venture CapitalMinority000 0000000 0000
Robert DobkinAngel (individual)Minority000 0000000 0000
Samsung Strategy and Innovation CenterVenture CapitalMinority000 0000000 0000
Assembly Partners Other
Fenox Venture Capital Venture Capital
Presidio Ventures Corporate Venture Capital
Robert Dobkin Angel (individual)
Samsung Strategy and Innovation Center Venture Capital

Afero Executive Team (7)

NameTitleBoard
Seat
Contact
Info
Israel HernandezHead, Marketing & Communications
Joe BrittCo-Founder & Chief Executive Officer
Justin LeeDirector, Design
Steve KrollDirector, Engineering
Scott BartlettDirector of Hardware
Israel Hernandez Head, Marketing & Communications
Joe Britt Co-Founder & Chief Executive Officer
Justin Lee Director, Design
Steve Kroll Director, Engineering
Scott Bartlett Director of Hardware
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