Foundries.io
Latest round
- Series A
Last raised
- Jun 2021
Total raised
- $11M
Investors
- 3
About Foundries.io
io Ltd. focuses on providing robust software solutions for embedded systems, specifically targeting Original Equipment Manufacturers (OEMs). CEO George Grey has a history of leadership in technology firms, further strengthening the company's strategic direction.io primarily offers its flagship products, FoundriesFactory™ and the Linux microPlatform™ (LmP), forming a comprehensive IoT software platform designed for OEMs. These platforms streamline the development and management of Linux-based embedded devices, applications, and services while enhancing security and scalability. FoundriesFactory is an open-source product that utilizes cloud development technologies to facilitate team-based software development, reducing friction and improving efficiency through integrated Continuous Integration (CI) and testing infrastructure. Key use cases include managing software updates over-the-air (OTA) and optimizing deployment pipelines in sectors such as robotics, smart appliances, and edge computing. Their clients include Tailos, Aeler, and FORT Robotics, with products utilized across North America, Europe, and Asia. The company employs a tiered subscription pricing model, offering a free Community Edition and an Enterprise Edition to cater to varying project requirements, thus securing a consistent revenue stream through their B2B relationships with OEMs. In March 2024, Qualcomm Technologies, Inc.io Ltd. from Backed VC, Crane Venture Partners, Portfolio Ventures, and IQ Capital.
Who invested in Foundries.io
3 investors across 2 rounds
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Questions about Foundries.io
Who invested in Foundries.io?
Foundries.io has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Foundries.io raised?
Foundries.io has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Foundries.io last raise money?
Foundries.io's most recent round on record is a Series A, in Jun 2021.
What does Foundries.io do?
Foundries.io is a software company.
Where is Foundries.io headquartered?
Foundries.io is headquartered in Cambridge, UK.
Which VCs invest in companies like Foundries.io?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Foundries.io's stage. Their profiles are linked below.
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