About Foundries.io
Foundries.io is a company based in London (United Kingdom) founded in 2017 was acquired by Qualcomm in April 2024.. Foundries.io has raised $12.58 million across 2 funding rounds from investors including Qualcomm, IQ Capital and Backed. The company has 11 employees as of June 30, 2020. Foundries.io offers products and services including FoundriesFactory and Linux microPlatform. Foundries.io operates in a competitive market with competitors including Armis Security, Upstream Security, Claroty, Ordr and SandboxAQ, among others.
- Headquarter London, United Kingdom
- Employees 11 as on 30 Jun, 2020
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Foundries.Io Limited
- Date of Incorporation 04 Aug, 2017
- Jurisdiction CAMBRIDGE, ENGLAND
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Annual Revenue
$1.26 M (USD)7111as on Sep 30, 2019
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Net Profit
$-356.9 K (USD)74as on Sep 30, 2019
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EBITDA
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Total Equity Funding
$12.58 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series A
Jun 17, 2021
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Investors
Qualcomm
& 3 more
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Employee Count
11
as on Jun 30, 2020
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Acquired by
Qualcomm
(Apr 15, 2024)
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Products & Services of Foundries.io
Foundries.io offers a comprehensive portfolio of products and services, including FoundriesFactory and Linux microPlatform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-native tool for building and deploying secure IoT solutions.
Secure OS for managing Edge devices and applications.
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Funding Insights of Foundries.io
Foundries.io has successfully raised a total of $12.58M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $8.0M
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First Round
First Round
(09 Sep 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - Foundries.io | Valuation | IQ Capital | |
| Sep, 2019 | Amount | Seed - Foundries.io | Valuation | Crane Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Foundries.io
Foundries.io has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Qualcomm, IQ Capital and Backed. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Deep tech venture capital firm investing in European and global startups.
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Founded Year | Domain | Location | |
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Venture capital firm providing seed funding and community support to founders
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Founded Year | Domain | Location | |
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Investments in early-stage software companies are managed by the firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Foundries.io
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Foundries.io
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Foundries.Io Comparisons
Competitors of Foundries.io
Foundries.io operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Armis Security, Upstream Security, Claroty, Ordr and SandboxAQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wireless security platform for IoT applications is provided.
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| domain | founded_year | HQ Location |
Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
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| domain | founded_year | HQ Location |
Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
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| domain | founded_year | HQ Location |
Security solutions for IoT device vulnerabilities are developed.
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| domain | founded_year | HQ Location |
Large quantitative models and AI solutions are developed for enterprises.
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| domain | founded_year | HQ Location |
Endpoint security is provided against firmware and hardware attacks.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Foundries.Io
Frequently Asked Questions about Foundries.io
When was Foundries.io founded?
Foundries.io was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Foundries.io located?
Foundries.io is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Foundries.io?
Cristiano R Amon is the current CEO of Foundries.io.
Is Foundries.io a funded company?
Foundries.io is a funded company, having raised a total of $12.58M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.58M, raised on Sep 09, 2019.
How many employees does Foundries.io have?
As of Jun 30, 2020, the latest employee count at Foundries.io is 11.
What is the annual revenue of Foundries.io?
Annual revenue of Foundries.io is $1.26M as on Sep 30, 2019.
What does Foundries.io do?
Foundries.io was established in 2017 in London, United Kingdom, within the IoT sector. Embedded security solutions are delivered for IoT devices through a micro platform that enables over-the-air updates. Connectivity is supported across wired, wireless, Wi-Fi, Bluetooth LE, Mesh, and proprietary radios. Linux Yocto-based images and containerized applications are built, customized, and deployed to address device management needs.
Who are the top competitors of Foundries.io?
Foundries.io's top competitors include Armis Security, Upstream Security and Ordr.
What products or services does Foundries.io offer?
Foundries.io offers FoundriesFactory and Linux microPlatform.
Who are Foundries.io's investors?
Foundries.io has 4 investors. Key investors include Qualcomm, IQ Capital, Backed, and Crane Venture Partners.
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