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Cybersecurity Funding·IoT Security

Afero Raises $50 Million for Its Secure IoT Platform

Afero, a Menlo Park, California-based company focused on securing IoT device communication, has closed a $50 million Series C funding round. To date, the company has raised $100 million in funding. The new investment came from Crosspoint Capital Partners. Home Depot also participated, but the terms of the transaction were not disclosed. The post Afero Raises $50 Million for Its Secure IoT Platform appeared first on SecurityWeek.

Afero, a Menlo Park, California-based company focused on securing IoT device communication, has closed a $50 million Series C funding round. To date, the company has raised $100 million in funding.

The new investment came from Crosspoint Capital Partners. Home Depot also participated, but the terms of the transaction were not disclosed.

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