The funding round is being led by the Samsung Catalyst Fund, with other investors including Fenox Venture Capital, Presidio Ventures, Sanshin Electronics and Assembly Partners. Joe Britt , a former Samsung Catalyst Fund engineer, has received $20 million of investment funding for IoT startup ' Afero' . Afero connects all available home and commercial devices, standing out from the crowd as added security decreases the ability of hackers to gain information transmitted between devices, while enabling customers to manage their devices via the cloud and mobile apps. The funding round, led by Google , will allow Samsung Catalyst Fund to move Afero beyond beta tests after being in business for the early 1990s .
Joe Britt , a former Samsung Catalyst Fund engineer, has received $20 million of investment funding for IoT startup ' Afero' . Afero connects all available home and commercial devices, standing out from the crowd as added security decreases the ability of hackers to gain information transmitted between devices, while enabling customers to manage their devices via the cloud and mobile apps. The funding round, led by Google , will allow Samsung Catalyst Fund to move Afero beyond beta tests after being in business for the early 1990s .