Aeris, a global contributor in SaaS-based IoT connectivity solutions, has announced an investment from TA Associates (TA), a global growth private equity firm. The partnership will support Aeris’ mission to advance the connected world and deliver secure, enterprise-grade IoT solutions for enterprises, service providers and channel partners worldwide. Financial terms of the minority stake were not disclosed.
For more than three decades, Aeris has been at the forefront of the IoT industry, powering automotive, utilities, energy, fleet management, medical device and manufacturing programs at a global scale. Aeris’ technology platforms and solutions—including the Aeris IoT Accelerator Platform, Aeris IoT Watchtower, and Aeris Mobility Suite—enable enterprises and operator partners to manage, optimise and secure nearly 100 million connected devices, including more than 41 million connected vehicles.
“Aeris has deep roots and proven expertise in powering some of the world’s largest and most complex global IoT programs, delivering AI-powered security and deep data-driven insights through our reliable connectivity management platform,” said Marc Jones, Aeris Board Chair. “This investment from TA marks a significant milestone in our journey.”
Aeris CEO and board director, Aziz Benmalek, added: “With TA’s expertise and track record of supporting growth, we are poised to accelerate adoption of our innovative Agentic AI and IoT security capabilities, helping enterprises across industries achieve greater efficiency, scalability and flexibility through our technology platforms and solutions.”
“We have followed Aeris closely for over a decade and believe the Company’s proven track record of innovation, trusted customer relationships and global scale have created a strong foundation for continued growth,” said Nick Leppla, the director at TA, and Jason Werlin, the managing director at TA. “We look forward to partnering with Marc, Aziz and the entire Aeris team as they further expand their leadership and impact across the IoT ecosystem.”
TA will join the Board of Directors and work closely with Aeris leadership to support the company’s vision, operational excellence, and ongoing product innovation.
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