Tech Company Financing Transactions
Afero Funding Round
Afero, based in Los Altos, secured $50 million from Crosspoint Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
12/9/2021
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
Crosspoint Venture Partners (Lead Investor) (Hugh Thompson)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
4970 W. El Camino Real 100
Los Altos, CA 94022
USA
Los Altos, CA 94022
USA
Phone
Undisclosed
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Rocky Pimentel
Chief Executive Officer
Joseph Britt
Chief Marketing Officer
Shahin Khan
VP - Bus. Development
Shin Matsumura
VP - Engineering
Steve Kroll
VP - Engineering
Tony Myles
VP - Sales
James Laccabue
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Where The Data Comes From
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 VentureDeal.com, an affiliated venture.
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