Los Altos, United States
Afero, founded in 2014, presents itself as a leading innovator in the IoT (Internet of Things) industry. Positioned at the intersection of Hardware, Internet, and Mobile sectors, Afero's platform emphasizes rapid deployment and robust security, which it claims can accelerate time-to-market by 3x and improve attach rates tenfold.
The company, headquartered in the United States, offers a comprehensive end-to-end sensor-to-cloud solution. Afero's performance metrics suggest a profound reduction in escalations, achieving a 99% decrease according to customer feedback. This positions Afero as a compelling option for entities looking to streamline their IoT operations efficiently.
On the financial front, Afero secured a significant funding injection with a $50.00M Series C round, closed on 08 December 2021. This round was led by investors such as Crosspoint and The Home Depot, indicating strong confidence from reputable backers in its growth trajectory.
