Tech Company Financing Transactions

Afero Funding Round

Samsung Ventures, Fenox Venture Capital and private investors participated in a $20.3 million Series A venture round for Afero. This venture round was recorded on 5/19/2016.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

Samsung Ventures (Lead Investor) (Shankar Chandran)

Fenox Venture Capital

private investors (Robert Dobkin)

Presidio Ventures (Shaun Tanabe)

Uncork Capital

Underscore VC

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Internet & IoT
Mailing Address
4970 W. El Camino Real 100
Los Altos, CA 94022
Email Address
Afero is a turnkey, IoT Platform as a Service (PaaS) solution for developing and deploying the next generation of connected devices. Afero was designed to speed and simplify product development, whether customers choose to leverage a legacy product or create something entirely new.
Afero LinkedIn Company Profile
Social Media
Afero Company Twitter Account
Company News
Afero News
Afero on Facebook
Afero on YouTube

Management Team

Email & Social
Rocky Pimentel
  Rocky Pimentel LinkedIn Profile  Rocky Pimentel Twitter Account  Rocky Pimentel News  Rocky Pimentel on Facebook
Chief Executive Officer
Joseph Britt
  Joseph Britt LinkedIn Profile  Joseph Britt Twitter Account  Joseph Britt News  Joseph Britt on Facebook
Chief Marketing Officer
Shahin Khan
  Shahin Khan LinkedIn Profile  Shahin Khan Twitter Account  Shahin Khan News  Shahin Khan on Facebook
VP - Bus. Development
Shin Matsumura
  Shin Matsumura LinkedIn Profile  Shin Matsumura Twitter Account  Shin Matsumura News  Shin Matsumura on Facebook
VP - Engineering
Steve Kroll
  Steve Kroll LinkedIn Profile  Steve Kroll Twitter Account  Steve Kroll News  Steve Kroll on Facebook
VP - Engineering
Tony Myles
  Tony Myles LinkedIn Profile  Tony Myles Twitter Account  Tony Myles News  Tony Myles on Facebook
VP - Sales
James Laccabue
  James Laccabue LinkedIn Profile  James Laccabue Twitter Account  James Laccabue News  James Laccabue on Facebook



Browse more venture capital transactions:

Prev: 5/19/2016: Chime venture capital transaction
Next: 5/19/2016: Renew Financial venture capital transaction


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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with, an affiliated venture.


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