IoT, Edge Devices Cloud Development Provider Foundries.io Raises $8M

Aitechpark18 Jun, 2021Technology

Foundries.io delivers innovative cloud-native platform to accelerate time-to-market, reduce OEM costs, and offer lifetime device management and security for IoT and Edge products Foundries.io, leader in cloud development and deployment solutions for secure IoT and Edge devices, today announced it has raised $8M in Series A funding, led by IQ Capital, with participation from Crane Venture Partners and Backed VC. Foundries.io delivers FoundriesFactory, the world?s first cloud-native solution for embedded technologies that reinvents IoT, and counts tier one OEMs, silicon industry leaders and SoC companies among its customers and partners, including ARM, NXP Semiconductors, MontaVista, STMicroelectronics and WINSYSTEMS.