Infiot, which converges connectivity, security, and edge-computing for remote users, sites, and devices, raises $15M Series A from Lightspeed and others
Mike Robuck / FierceTelecom :
Context & Ripple Effects
Infiot's $15M Series A extends a thesis its lead investor has been building for years: Lightspeed led Cato Networks' $55M round in January 2019 for software-defined wide-area networking, and Infiot now pushes the same convergence further by folding security and edge computing into the connectivity layer itself for remote users, sites, and devices.
The funding also lands in a category where later-stage money has followed: Afero's $50M Series C in late 2021 showed investors willing to fund security-focused IoT services at scale, suggesting Infiot is entering a lane with a visible financing path rather than an untested one.
First-order effects
- Infiot gains the capital to productize its converged connectivity-security-edge stack for remote workforces and distributed devices, with Lightspeed now holding positions on both sides of the SD-WAN-versus-converged-platform question via Cato.
Second-order effects
- Cato and other SD-WAN-focused vendors face pressure to match the edge-computing layer Infiot bundles in, since buyers weighing single-vendor convergence against best-of-breed networking will price the integration cost into their decision.
Third-order effects
- If convergence holds, the branch-office and remote-access market consolidates around platform vendors that own policy across network, security, and compute, squeezing standalone point-product vendors in each layer — the pattern Afero's later-stage IoT security raise hints at for device-side security.
The trend: Enterprise networking is consolidating around converged connectivity-security-edge platforms, with Lightspeed serially backing the category from SD-WAN through edge and IoT.