Foundries.io

London, United Kingdom Founded: 2017 • Age: 9 yrs Acquired By Qualcomm
Provider of embedded security solutions for IoT devices
Annual revenue $1.3M Latest available
Total funding $12.6M 2 rounds
Employees 11 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Foundries.Io Limited
  • Date of Incorporation 04 Aug, 2017
  • Jurisdiction CAMBRIDGE, ENGLAND
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.26 M (USD)
    7111
    as on Sep 30, 2019
  • Net Profit
    -$356.9 K (USD)
    74
    as on Sep 30, 2019
  • EBITDA
    Not available
  • Total Equity Funding
    $12.58 M (USD)

    in 2 rounds

  • Latest Funding Round
    $8 M (USD), Series A

    Jun 17, 2021

  • Investors
    Qualcomm

    & 3 more

  • Employee Count
    11

    as on Jun 30, 2020

  • 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.

Product name locked
Category locked
Primary

Cloud-native tool for building and deploying secure IoT solutions.

Product name locked
Category locked
Locked

Secure OS for managing Edge devices and applications.

People of Foundries.io

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Sue Williams
Head of Finance
People
George Grey
Leader
People
Amy Miller
Office Manager

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Deep tech venture capital firm investing in European and global startups.
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Venture capital firm providing seed funding and community support to founders
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Investments in early-stage software companies are managed by the firm.
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Investor details for Foundries.io

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Investments & Acquisitions by Foundries.io

Investments
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Investment portfolio details for Foundries.io

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Financial Statements - Foundries.io

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Detailed financials for Foundries.io

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  • Profit trends
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Foundries.Io Comparisons

Foundries.io Primary company
Description
Provider of embedded security solutions for IoT devices
Location
London, United Kingdom
Founded Year
2017
Annual Revenue
$1.26 M (USD)
Net Profit
-$356.9 K (USD)
EBITDA
Not available
Employees
11
As of 2020
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Peer comparison for Foundries.io

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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.

Company Name Domain Founded year HQ Location Description
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Wireless security platform for IoT applications is provided.
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Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
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Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
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Security solutions for IoT device vulnerabilities are developed.
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Large quantitative models and AI solutions are developed for enterprises.
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Endpoint security is provided against firmware and hardware attacks.
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Detailed competitors of Foundries.io

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Latest news on Foundries.Io

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Complete news archive for Foundries.io

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Frequently Asked Questions about Foundries.io

Foundries.io was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Foundries.io is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Cristiano R Amon is the current CEO of Foundries.io.

Foundries.io is a funded company, having raised a total of $12.58M across 2 funding rounds to date.

As of Jun 30, 2020, the latest employee count at Foundries.io is 11.

Annual revenue of Foundries.io is $1.26M as on Sep 30, 2019.

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.

Foundries.io's top competitors include Armis Security, Upstream Security and Ordr.

Foundries.io offers FoundriesFactory and Linux microPlatform.

Foundries.io has 4 investors. Key investors include Qualcomm, IQ Capital, Backed, and Crane Venture Partners.

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