Affirmed Networksrevenue, acquisition & funding
IoT Connectivity Management SoftwareActon, MassachusettsFounded 2010
Affirmed Networks was acquired by Microsoft.
Affirmed Networks is an IoT Connectivity Management Software company based in Acton, founded in 2010.
Affirmed Networks revenue
Affirmed Networks' annual revenue was $12.7M in April 2021, its last figure before Microsoft bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $12.7M | – |
– source not recorded
Who owns Affirmed Networks
Microsoft owns Affirmed Networks. The date and price of the deal are not on record.
Affirmed Networks funding rounds & investors
Affirmed Networks has raised $155M across six rounds since 2010. The latest was a $38M funding round in February 2019.
| Date | Round | Raised |
|---|---|---|
| Feb 2019 | Funding round | $38M |
| Jun 2013 | Funding round | $51M |
| Nov 2012 | Funding round | $52M |
| Aug 2011 | Funding round | $1.4M |
| Jan 2011 | Funding round | $1.7M |
| Jun 2010 | Funding round | $10.9M |
| Total raised | $155M |
Affirmed Networks CEO, founders & employees
Anand Krishnamurthy founded Affirmed Networks in 2010 and led it as CEO. Affirmed Networks had 436 employees (April 2021).
- Anand KrishnamurthyFounder & CEO
Affirmed Networks FAQ
What was Affirmed Networks' revenue?
Before Microsoft bought it, Affirmed Networks' annual revenue was $12.7M in April 2021 (source not recorded).
Who owns Affirmed Networks?
Microsoft owns Affirmed Networks.
How much funding has Affirmed Networks raised?
Affirmed Networks raised $155M across six funding rounds before Microsoft bought it. The last was a $38M funding round in February 2019.
How many employees does Affirmed Networks have?
Affirmed Networks had 436 employees in April 2021.
Who founded Affirmed Networks?
Anand Krishnamurthy founded Affirmed Networks in 2010.
Browse IoT Connectivity Management Software
How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Affirmed Networks? Join the podcast