Who invested in Affirmed Networks

7 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

TelecomsConsumer Apps

Funding summaryUpdated 26 Oct 2026

$207Mraised across 7 rounds since 2010, from 7 sources

$11MSeries A$1.7MVenture$1.4MVenture$52MGrowth$52MSeries B$51MSeries C$38MRound

Latest round: Round, $38MFeb 2019
Biggest round: $52MGrowth · Nov 2012
Investors: 10

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20102012201420162018

$11MSeries A$1.7MVenture$1.4MVenture$52MGrowth$52MSeries B$38MRound

First round: Series A, $11M
Biggest round: $52M
Usual gap between rounds: 7 months

The rounds

Feb 2019
Round$38M2 new
- Eastward Capital
- Centerview Capital Technology/ Qualcomm
Reported by FinSMEsSEC filing: $38M sold, first sale Feb 2019
Jun 2013
Series C$51M2 new5 returning
Reported by finsmes.comSEC filing: $49M sold, first sale May 2013
Nov 2012
Growth$52M3 new2 returning
Reported by pandodaily.com
Nov 2012
Series B$52M1 new4 returning
From a historical funding record
Aug 2011
Venture$1.4M
No investor was named in the report.
Reported by masshightech.comSEC filing: $1.4M sold, first sale Aug 2011
Jan 2011
Venture$1.7M
No investor was named in the report.
Reported by masshightech.comSEC filing: $1.7M sold, first sale Dec 2010
Jun 2010
Series A$11M2 new
- CRV
- Matrix Partners
Reported by venturebeat.comSEC filing: $11M sold, first sale Jun 2010

Founders and team

From the SEC filings it signed: 3 on the team.

Denis CashmanExecutive Officeri
George HaleExecutive Officeri
Hassan AhmedExecutive Officer, Directori

On the board, as filediCathy GrahamEdward HooperJon AuerbachNael KassarRobert GoodmanSteven ElfmanTimothy Barrows

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2010Venture2011Venture2011Growth2012Series B2012Series C2013Round2019

CRV

Matrix Partners

Lightspeed Venture Partners

Vodafone

Deutsche Telekom Strategic Investments

Bessemer Venture Partners

T-Venture

Eastward CapitalCenterview Capital Technology/ QualcommKCK Group

The exit

ExitBuyerPriceWhen

AcquiredMicrosoft$1.4BMar 2020

From historical deal records. Wrong? Tell us.

Everyone who backed them

CRVVC firm4rounds

Matrix PartnersVC firm4rounds

Lightspeed Venture PartnersVC firm3rounds

VodafoneVC firm3rounds

Deutsche Telekom Strategic InvestmentsInvestment firm2rounds

Bessemer Venture PartnersVC firm1round

T-VentureVC firm1round

Eastward CapitalCompany1round

Centerview Capital Technology/ Qualcommno record of our own yet1round

KCK Groupno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Affirmed Networks as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Bloc VenturesVC firmPer its own site

Quick answers about Affirmed Networks

Who invested in Affirmed Networks?

Affirmed Networks's investors include CRV, Matrix Partners, Lightspeed Venture Partners, Vodafone and Deutsche Telekom Strategic Investments, and 5 more on record.