Foundries.io
Foundries.io delivers the FoundriesFactory cloud-native DevOps platform and Linux microPlatform for building secure, over-the-air updatable embedded IoT and Edge devices. It serves OEMs, semiconductor firms, and robotics companies, and was acquired by Qualcomm Technologies in March 2024.
- Company typePrivate
- Founded2017
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Foundries.io does
Foundries.io develops and operates FoundriesFactory, a cloud-native DevOps platform for building, deploying, and maintaining secure, over-the-air updatable software on embedded IoT and Edge devices. The platform is paired with Linux microPlatform (LmP), an open-source Yocto-based Linux distribution providing secure boot architecture (Arm PSA, Intel PTT), TUF-compliant update mechanisms, and cross-hardware portability across architectures including STMicroelectronics, NXP, Qualcomm, Intel, Raspberry Pi, and BeagleBone. FoundriesFactory provides CI/CD infrastructure, Docker-based containerized application deployment, OTA updates via Aktualizr-Lite and Fioconfig, production wave-based rollouts, Factory PKI with mutual TLS, and complete Software Bill of Materials generation for license tracking and CVE monitoring.
The company targets OEMs building connected products, semiconductor companies needing software complements to silicon, and robotics firms requiring certification-ready embedded systems. Documented customers include FORT Robotics (robotics safety), idealworks (BMW Group intralogistics spin-off), Tailos (hospitality cleaning robots), and Aeler (smart shipping containers), with quantified outcomes including a roughly 5-month acceleration of time-to-certification-ready hardware for FORT Robotics. Revenue derives from tiered SaaS subscriptions with a free Community Edition for development and quote-based Enterprise Edition for production deployments, supported by a hybrid product-led growth and consultative enterprise sales motion.
Founded in 2017 in Cambridge, United Kingdom, Foundries.io raised approximately $11.5 million in disclosed funding across rounds, with the most recent being an $8 million Series A in June 2021 led by IQ Capital with participation from Crane Venture Partners and Backed VC. The company was acquired by Qualcomm Technologies in March 2024 as part of a broader five-company IE-IoT acquisition strategy (Augentix, Arduino, Edge Impulse, Focus.AI, Foundries.io) to build a unified edge AI and IoT platform. Following the acquisition, the platform continues to operate and is integrated into Qualcomm's Dragonwing processor ecosystem, most visibly through the 2025 launch of the Arduino UNO Q single-board computer pre-installed with FoundriesFactory.
Foundries.io firmographics
Firmographics- Name
- Foundries.io
- Legal name
- Foundries.io Limited
- Website
- https://foundries.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Foundries.io delivers the FoundriesFactory cloud-native DevOps platform and Linux microPlatform for building secure, over-the-air updatable embedded IoT and Edge devices. It serves OEMs, semiconductor firms, and robotics companies, and was acquired by Qualcomm Technologies in March 2024.
- Ownership category
- akta.pro rank
Foundries.io industry classification
Industry- Product category
- IoT Device Management & Embedded DevOps Platform
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Online Condition Monitoring (Sensors, Edge Devices, IIoT Gateways) (EUAEAKAA)
- akta.pro secondary industry
- Edge Storage & Distributed Caching (KV/Object, Edge Cache) (HDABAGAI)
Keywords
Where Foundries.io is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Foundries.io business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- FoundriesFactory SaaS Subscription: Tiered subscription model with Community Edition (free for development), scaling up to Enterprise Edition for production deployments. Provides cloud-hosted CI/CD, device management, OTA updates, and security features.
- Freemium Tier: Free Community Edition available for development only, providing full platform access to evaluate capabilities before upgrading to paid tiers. No credit card required, no time limit.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier for development and prototyping |
| Subscription | Annual | Production-grade subscription for enterprise deployments |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Foundries.io product offering
Product offeringCore offering
Foundries.io sells FoundriesFactory, a cloud-native DevOps SaaS platform that enables OEMs and chip vendors to build, test, deploy, and maintain Linux-based IoT and Edge devices with secure OTA updates and fleet management. The platform is paired with the open-source Linux microPlatform (LmP), a security-hardened Yocto-based Linux distribution that abstracts hardware across multiple architectures. Customers access the platform via a free Community Edition for development or a paid Enterprise Edition for production deployments.
Product overview
Foundries.io offers FoundriesFactory, a cloud-native DevOps platform for embedded IoT and Edge devices. The core platform is paired with the Linux microPlatform (LmP), an open-source security-hardened Linux distribution built on Yocto Project. FoundriesFactory provides CI/CD pipelines, OTA updates via aktualizr-lite and Fioconfig, fleet management, and production wave-based rollouts. The platform supports both full LmP-based deployments and Container-only Factory for standard Linux devices. Security features include Factory PKI with mutual TLS, Secure Boot (Arm PSA, Intel PTT, UEFI), and TUF-compliant update framework. The company was acquired by Qualcomm in 2024 and its technology is now integrated into Qualcomm's Dragonwing IE-IoT portfolio, including the Arduino UNO Q board.
Differentiator
Problem solved
Functional benefit
Brands
- FoundriesFactory: The company's cloud-native DevOps platform for building and deploying secure IoT and Edge device solutions
- Linux microPlatform (LmP)
- Fioctl
Products and services
- FoundriesFactory
Quantifiable outcome
- Time-to-certification accelerated by approximately 5 months
- +3 more outcomes
Companies that use Foundries.io
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Foundries.io technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability2 records
Feature8 records
Foundries.io partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and flagship.
- Qualcomm TechnologiescoreAcquired Foundries.io in March 2024 as part of Qualcomm's strategic expansion into full-stack edge AI and IoT platform provider. Integration with Qualcomm Dragonwing processors and broader IE-IoT portfolio.
- ArduinoflagshipCollaboration on Arduino UNO Q board (powered by Qualcomm Dragonwing QRB2210) which comes pre-integrated with FoundriesFactory platform. Platform powers container deployment, remote updates, and fleet management for UNO Q from prototype through production.
- STMicroelectronicscoreHardware partner referenced in FORT Robotics case study using STMicroelectronics STM32MP1 EVK board. LmP provides Linux support for STM platforms with security features.
- NXP SemiconductorscoreHardware partner providing EdgeLock SE050 security module integrated with FORT Robotics solution via FoundriesFactory platform. NXP secure elements supported by LmP.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Foundries.io competitors and assessment
Company assessmentDirect peers
- Balena: Balena provides a cloud-native platform for deploying, managing, and updating IoT and edge device fleets via container-based workflows and OTA updates — a directly comparable product offering to FoundriesFactory, with similar developer-led GTM and freemium tier.
- Memfault: Memfault delivers an embedded device observability and OTA update platform for IoT fleets, directly competing with Foundries.io on device fleet management, firmware updates, and developer tooling for embedded Linux devices.
- Mender: Mender is an open-source OTA software update manager for embedded Linux devices — directly overlapping with Foundries.io's Aktualizr-Lite/TUF-based update capabilities and serving similar OEM and embedded product customers.
- Particle: Particle offers an IoT platform with managed connectivity, OTA firmware updates, and device fleet management for connected products — a comparable IoT DevOps offering targeting OEMs building connected devices, with similar subscription pricing.
Broad incumbents
- AWS IoT Greengrass: AWS IoT Greengrass extends AWS to edge devices with local compute, messaging, sync, and ML inference, bundled with the broader AWS IoT and cloud ecosystem — a broad incumbent offering overlapping with FoundriesFactory's edge runtime and OTA capabilities.
- Azure IoT Edge: Microsoft's Azure IoT Edge moves cloud analytics to edge devices with container deployment and OTA management, directly overlapping with Foundries.io's container-based application deployment and device management capabilities as part of a broader cloud portfolio.
- Wind River: Wind River provides embedded real-time operating systems (VxWorks) and Linux-based edge software platforms for industrial, automotive and aerospace OEMs — competing with Foundries.io in the embedded Linux/edge software stack category with deeper enterprise reach.
- Canonical (Ubuntu Core / Snapcraft): Canonical's Ubuntu Core and Snapcraft provide transactional updates, secure boot and app store-style application deployment for IoT and edge devices — overlapping with Foundries.io's Linux microPlatform, OTA updates, and container-based deployment for embedded devices.
Emerging players
- Edge Impulse: Edge Impulse is a Qualcomm-owned (acquired 2024) edge AI platform for building and deploying ML models on embedded devices — a sibling company post-Qualcomm acquisition with overlapping edge/embedded developer tooling and similar IoT GTM motion.
- Arduino: Arduino is also a Qualcomm acquisition and Foundries.io's distribution partner for the UNO Q board — overlapping in developer tools for embedded/edge devices and creating joint product experiences for makers and OEMs.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks4 records
Key highlights6 records
Customer concentration
Foundries.io social profiles
Digital presenceFoundries.io compliance and trust
Trust signalCompliance2 records
Foundries.io financial estimates
Financial estimateRevenue estimate
Valuation estimate
Foundries.io leadership team
Management profileNumber of profiles
Profiles5 records
Foundries.io funding detail
Funding detailFunding overview
Funding rounds3 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Foundries.io M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Foundries.io
What does Foundries.io do?
Foundries.io sells FoundriesFactory, a cloud-native DevOps SaaS platform that enables OEMs and chip vendors to build, test, deploy, and maintain Linux-based IoT and Edge devices with secure OTA updates and fleet management. The platform is paired with the open-source Linux microPlatform (LmP), a security-hardened Yocto-based Linux distribution that abstracts hardware across multiple architectures. Customers access the platform via a free Community Edition for development or a paid Enterprise Edition for production deployments.
Is Foundries.io a public or private company?
Foundries.io is a private company. It is classified as corporate owned and is currently acquired.
When was Foundries.io founded?
Foundries.io was founded in 2017. It employs 11 to 50 people.
Where is Foundries.io based?
Foundries.io is headquartered in London, United Kingdom, in the Europe region.
How does Foundries.io make money?
Two revenue lines are on record. FoundriesFactory SaaS Subscription is the primary driver. The others are freemium Tier.
Who are Foundries.io's main competitors?
Direct peers on record are Balena, Memfault, Mender and Particle. Broad incumbents are AWS IoT Greengrass, Azure IoT Edge, Wind River and Canonical (Ubuntu Core / Snapcraft). Emerging players are Edge Impulse and Arduino.
Does Foundries.io have an API?
Yes. FoundriesFactory provides a REST API (ota-lite API) accessible at api.foundries.io for managing devices, targets, tags, device configuration, CI secrets, offline TUF keys, and Git access. Authentication uses OAuth2 application credentials. The Fioctl CLI tool is based on this API. Developer documentation is at docs.foundries.io/latest.
What industry is Foundries.io in?
Foundries.io's product category is IoT Device Management & Embedded DevOps Platform. Its primary akta.pro industry code is EUAEAKAA, Online Condition Monitoring (Sensors, Edge Devices, IIoT Gateways), with a secondary code of HDABAGAI, Edge Storage & Distributed Caching (KV/Object, Edge Cache). Its NAICS code is 51821 and its SIC code is 7370.