Menu

EDGE FEATURE NEWS

Foundries.io Raises $3.5 Million for Security and Device Management for IoT and Edge

By Ken Briodagh November 04, 2019

Foundries.io, an open IoT platform company, has announced a $3.5M funding round to advance its secure operating system platform. The round is led by Crane Venture Partners, with participation from Backed VC.

With this investment, Foundries.io said it will accelerate the rollout of FoundriesFactory, a product that is designed to enable businesses to minimize and manage maintenance and support costs. It reportedly provides secure boot firmware and customizable operating system software updates, in addition to build and test infrastructure with the latest software and security updates included.

“Building today’s IoT & Edge devices requires more than just an OS - Foundries.io delivers a flexible software solution for development, testing, deployment and maintenance of IoT devices,” said George Grey, CEO Foundries.io. “Our commercial FoundriesFactory solution enables customers to customise and future proof their products using an innovative subscription-based lifetime model. There is no lock in, no access to our customers’ data, and no per unit costs. With Crane Venture Partners and Backed VC we have investors who share our vision on the impact we can deliver with a unifying software platform for the IoT market.”


Ken Briodagh is a storyteller, writer and editor with about two decades of experience under his belt. He is in love with technology and if he had his druthers would beta test everything from shoe phones to flying cars.

Edited by Ken Briodagh

Editorial Director

SHARE THIS ARTICLE
Related Articles

The Emergence of Hybrid Edge Cloud Computing

By: Special Guest    12/10/2019

We transitioned from the era of mobile internet where siloed apps provided us with point services to a hyperconnected web where everything needs to ta…

Read More

State of the Edge Releases Free Market Research Report

By: Arti Loftus    12/10/2019

The IFX Conference took place in Las Vegas with a theme to celebrate the craft and culture of infrastructure.

Read More

EdgeConneX to Bring Private Cloud Connectivity to Munich

By: Ken Briodagh    12/4/2019

EdgeConneX has made it easier for customers in Germany to connect to Microsoft cloud services by offering the Microsoft Azure ExpressRoute service in …

Read More

IoT Time Podcast S.4 Ep.37 Nebbiolo

By: Ken Briodagh    11/20/2019

In this episode of IoT Time Podcast, Ken Briodagh sits down with Flavio Bonomi, Founder & CTO, Nebbiolo, to talk about Edge Intelligence and the futur…

Read More

Packet Brings Bare Metal Edge Cloud and Sprint Curiosity IoT Platform to EdgeConneX

By: Ken Briodagh    11/19/2019

Access to "in-region" connectivity and bare metal cloud solution designed to energize region's autonomous vehicle sector with improved data collection…

Read More