10-12-2021 14:02 via securityweek.com

Afero Raises $50 Million for Its Secure IoT Platform

Afero, a Menlo Park, California-based company focused on securing IoT device communication, has closed a $50 million Series C funding round. To date, the company has raised $100 million in funding.
The new investment came from Crosspoint Capital Partners. Home Depot also participated, but the terms of the transaction were not disclosed.
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