Fundraising Fox

Afero

Los Altos, US · Founded 2014 · Delaware corporation · 55 employees on LinkedIn · 4 known investors

Afero develops an IoT platform that enables manufacturers to build and secure connected devices across consumer, industrial, and enterprise applications. The platform powers millions of devices for 200+ product categories and provides security, reliability, AI-ready data, and over-the-air update capabilities.

Also known as Afero IoT Platform

Founders & leadership

Afero was founded in 2014 by Joe F. Britt.

JF
Joe F. BrittFounder
SMShin Matsumura
Shin MatsumurainCo-Founder & Board Member

Investors · 4

Reported raises · per SEC filings

Form D private placements

$72M disclosed across 2 rounds · 2016–2021

$52.9MraisedDec 2021 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joe F. BrittExecutive Officer, Director
  • Shin MatsumuraExecutive Officer, Director
  • Albert PimentelDirector
  • Taizo SonDirector
  • Hugh ThompsonDirector
Offering amount
$64.4M
Amount sold
$52.9M
First sale
Dec 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$19.1MraisedMay 2016 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Shin MatsumuraExecutive Officer, Director
  • Joe F. BrittExecutive Officer, Director
Offering amount
$27.6M
Amount sold
$19.1M
First sale
May 2016
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Afero develops an end-to-end Internet of Things platform intended to serve as an "operating system" for connected products, spanning embedded firmware, device identity, secure onboarding, cloud connectivity, mobile applications, over-the-air updates and fleet management. The company positions the platform for three segments: consumer devices, industrial deployments (marketed as Secure Smart Automation) and enterprise use cases that combine IT and OT with what it calls AI-ready smart enterprise capabilities, including compliance and fleet management features.

The platform's stated design premise is that security is architectural rather than added after the fact. Afero describes hardware root-of-trust at the device level, unique device credentialing and provisioning through the supply chain before delivery to customers, end-to-end encryption across data paths, authenticated data tunnels, and VPN-like tunneling that does not require pairing. Complementary capabilities include fast onboarding, automatic failover, secure Wi-Fi credential sharing over Bluetooth Low Energy for battery-powered devices, low-latency device response, and a low-code drag-and-drop development environment covering device, mobile and cloud layers simultaneously. Afero also cites a dashboard for monitoring and managing deployments, and code re-use of up to 90% between projects.

Afero states its platform powers millions of devices across more than 200 product categories and more than 50 manufacturers, including Hubspace, which the company describes as one of North America's largest smart home ecosystems, with a 4.8-star app rating. Afero reports 130 IoT patents and a patented onboarding process.

Founding story

Afero was founded by Joe Britt, who serves as CEO, to change how IoT products and solutions are developed by hiding underlying complexity so developers and users can focus on data. Britt previously founded Danger Research in 1999 with co-founders Andy Rubin and Matt Hershenson, led design of the hiptop smartphone (sold in the US as the T-Mobile Sidekick), was WebTV's first employee, and worked at Apple, 3DO, Catapult Entertainment and Google on Android. Co-founder Shin Matsumura, APAC Managing Director, was previously part of the founding team of the Asian startup incubator Movida and worked at Hambrecht & Quist, GE's Corporate Audit Staff and Mitsui & Co. [3]

Business model

Afero licenses its IoT platform to product manufacturers and brands, which build and operate connected devices on Afero's edge, cloud, developer tools and core/cross-platform services. The company frames the value proposition as replacing in-house IoT infrastructure build-out, converting recurring infrastructure costs into a one-time decision and enabling re-use of prior work across product lines [2][3][4].

Traction

Company-stated figures include millions of devices on the platform, 200+ product categories, 50+ manufacturer partners, a 4.8-star app rating, millions of secure device OTA updates delivered, and 130 IoT patents. Named deployments include the Hubspace smart home platform and Vissani smart dehumidifiers sold at Home Depot [0][2][3][4].

Latest developments

Recent items highlighted by the company include the launch of Vissani smart dehumidifiers at Home Depot, recognition in an industry report as a top IoT security platform for 2026, and its 2024 signing of CISA's Secure by Design pledge, which Afero describes as a first for an IoT platform [0][2][4].

Full profile — market position, technology, go-to-market, geography, history

Market position

Afero presents itself as an established IoT platform with an operating history at scale — millions of devices, 200+ product categories, 50+ manufacturers, and Hubspace, described as one of North America's largest smart home ecosystems. It claims one of the industry's largest IoT patent portfolios with 130 patents and cites inclusion in an industry report on top IoT security platforms for 2026 [0][2][3][4].

Afero emphasizes security designed in from the foundation rather than added later, including hardware root of trust and supply-chain provisioning; claimed go-to-market reduction of as much as 80% for manufacturers; up to 90% re-use of engineering work between projects; a patented onboarding process; and a 130-patent IoT portfolio [2][3][4].

Technology

The platform covers embedded firmware, device identity, secure onboarding, cloud connectivity, mobile experience, OTA updates and fleet management. Security elements include device-level hardware root of trust, supply-chain provisioning of credentials, end-to-end encryption, layered authenticated data tunnels and pairing-free VPN-like tunneling. Connectivity features include multi-channel communication with automatic failover and secure Wi-Fi sharing over BLE for battery-powered devices, with device response described in milliseconds. Development is supported by a low-code drag-and-drop environment aware of embedded device, mobile app and cloud back-end synchronization [0][2][3][4].

Go-to-market

Afero sells to manufacturers and brands that embed its platform in their products, supported by developer tools, whitepapers such as "Born Secure" and "IoT Security: A Perspective," and partner ecosystems; retail visibility comes through partner products such as Hubspace and Vissani devices sold at Home Depot [0][2][3].

Device manufacturers and brands in consumer smart home, industrial automation and enterprise segments, along with their engineering teams; Afero cites more than 50 manufacturer partners and named references including Hubspace and Home Depot [0][2][3].

Geography

Afero's platform is described as multi-geography and it cites Hubspace as one of North America's largest smart home ecosystems; the company maintains an APAC leadership role held by co-founder Shin Matsumura, whose background spans Japan and the US [0][2][3].

History

Afero describes more than ten years of building its IoT platform. Rocky Pimentel joined as Chairman of the Board in early 2017. In 2024, Afero says it became the first IoT platform to sign the U.S. Cybersecurity and Infrastructure Security Agency's Secure by Design pledge. The company reports it was named in an industry report as a top IoT security platform for 2026, and lists a launch of Vissani smart dehumidifiers at Home Depot [0][2][3][4].

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Devices poweredJan 2026millions
IoT patentsJan 2026130 patents
Manufacturer partnersJan 202650+
Mobile app ratingJan 20264.8 stars
Product categories supportedJan 2026200+

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 1

by search overlap

Companies competing with Afero for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Jan 2026
Named a top IoT security platform for 2026 in an industry report

source ↗

Jan 2026
Vissani smart dehumidifiers launched at Home Depot

Afero highlights the availability of Vissani smart dehumidifiers, built on its platform, at Home Depot.

source ↗

Jan 2024
First IoT platform to sign CISA's Secure by Design pledge

Afero states it became the first IoT platform to sign the U.S. Cybersecurity and Infrastructure Security Agency's Secure by Design pledge.

source ↗

Jan 2017
Rocky Pimentel joins as Chairman of the Board

Rocky Pimentel, former COO and CFO of McAfee and former Seagate President, Global Markets & Customers, joined Afero in early 2017 as Chairman of the Board; he is listed as Executive Chairman.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
AferoDelaware

In the news

Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Afero do?
Afero provides a security-focused IoT platform for building, connecting and managing consumer, industrial and enterprise devices.
Who founded Afero?
Afero was founded by Joe F. Britt in 2014.
Who are Afero's investors?
Afero's investors include Alpha Edison, Presidio Ventures, Samsung Catalyst Fund, SoftBank Group.
How much funding has Afero raised?
Afero has disclosed $72M raised across 2 rounds.
Where is Afero headquartered?
Afero is headquartered in Los Altos, US.