Foundries.io

London, United Kingdom Founded: 2017 • Age: 9 yrs Acquired By Qualcomm
Provider of embedded security solutions for IoT devices

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. 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
  • Sectors
    Technology
  • Email
    ••••••••
  • Website foundries.io
  • Social LinkedIn X Facebook
  • Acquired by Qualcomm (Apr 2024)
  • Legal Name Foundries.Io Limited
  • Date of Incorporation 04 Aug, 2017
  • Jurisdiction CAMBRIDGE, ENGLAND
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
  • Total Equity Funding
    $12.58M (USD)

    in 2 rounds

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

    Jun 2021

  • Investors
    Qualcomm

    & 3 more

  • Employee Count
    11
  • Acquired by
    Qualcomm

    (Apr 2024)

Products & Services of Foundries.io

Foundries.io offers a comprehensive portfolio of products and services, including FoundriesFactory and Linux microPlatform.

FoundriesFactory
DevOps Platform

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

Linux microPlatform
Operating System

Secure OS for managing Edge devices and applications.

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 $12.58M
  • Total Rounds 2
  • Last Round Series A — $8M
  • First Round $4.58M

    (Sep 2019)

  • Investors Count 3

All 2 funding rounds of Foundries.io with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$8MSeries A–IQ Capital
Sep 2019$4.58MSeed–Crane Venture Partners
Valuation history

4 investors in total: 4 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Deep tech venture capital firm investing in European and global startups.
–iqcapital.vc-
Venture capital firm providing seed funding and community support to founders
–backed.vcLondon, United Kingdom
Investments in early-stage software companies are managed by the firm.
–crane.vcLondon, United Kingdom
Provider of cloud and AI-based cellular communication ICs
1985qualcomm.comSan Diego, United States
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Investor details for Foundries.io

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People of Foundries.io

4 people are tracked at Foundries.io (2 in leadership, 2 in team); the tracked headcount is 11.

NameRoleGroup
Cristiano R Amon
CEOLeadership
Sue Williams
Head of FinanceLeadership
George Grey
LeaderTeam
Amy Miller
Office ManagerTeam
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Complete people profiles for Foundries.io

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Timeline of Foundries.io

4 dated milestones of Foundries.io across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Foundries.io is founded.
  2. Funding First funding round of $4.6M.
  3. Funding Latest funding round, Series A, of $8.0M.
  4. Exit Acquired by Qualcomm.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
armis.com2015Palo Alto, United States$737M–
Wireless security platform for IoT applications is provided.
upstream.auto2017Herzliya, Israel$139M–
Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
claroty.com2015New York, United States$732M–
Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
ordr.net2015Santa Clara, United States$94M62
Security solutions for IoT device vulnerabilities are developed.
sandboxaq.com2022Palo Alto, United States$950M75
Large quantitative models and AI solutions are developed for enterprises.
eclypsium.com2017San Francisco, United States$107.04M25
Endpoint security is provided against firmware and hardware attacks.
magiccube.co2014Sunnyvale, United States$25.7M15
IoT security solutions for mobile device transactions are provided.
keyfactor.com2001Independence, United States$222.47M258
Developer of a cloud based security platform
secure-ic.com2010Cesson Sevigne, France$22.68M–
Embedded modules and testing platforms for IoT security are developed.
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Detailed competitors of Foundries.io

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Foundries.io

The website of Foundries.io (foundries.io) receives about 10.4K visits a month.

  • Monthly visits
    10.4K

    ▲ 12.8% vs previous month

Similar websites

Websites whose visitors overlap most with Foundries.io. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
spot.io
100%
45.8K#355,494View details
marker.io
100%
139K#233,269View details
siter.io
77%
45.5K#698,584View details
b12.io
60%
457.7K#98,657View details

Latest news on Foundries.Io

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Complete news archive for Foundries.io

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  • Brand-specific news history

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Similar companies to Foundries.io

10 companies that operate in the same segment as Foundries.io (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
Wireless security platform for IoT applications is provided.
2015Palo Alto, California, United StatesUSD 1.17 B––
Blockchain-based connectivity for IoT applications is facilitated.
2017Menlo Park, California, United StatesUSD 50 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based smart locks for residential and commercial access are provided.
2014New York, New York, United StatesUSD 158.55 MUSD 70.12 M–
Keyless smart locks are developed for consumer and commercial applications.
2015Singapore, SingaporeUSD 32.28 M––
Provider of cyber security solutions for asset visibility and threat management
2000San Jose, California, United StatesUSD 120.28 MUSD 4.03 M136
Mesh-based connectivity solutions for IoT applications are provided.
2014San Francisco, California, United StatesUSD 90 M––
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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. The company's 1st funding round was a Seed of $4.58M, raised on Sep 2019.

Foundries.io has 11 employees.

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.

Foundries.io operates through Foundries.Io Limited.

Yes. Foundries.io was acquired by Qualcomm in April 2024.

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