Aeris, a global leader in SaaS-based IoT connectivity solutions, has announced a strategic investment from TA Associates, a prominent global growth private equity firm. The minority stake, whose financial terms were not disclosed, underscores TA’s confidence in Aeris’ innovation, customer relationships, and global scale. The partnership will support Aeris’ mission to advance the connected world by delivering secure, enterprise-grade IoT solutions to enterprises, service providers, and channel partners worldwide. For over 30 years, Aeris has been a pioneer in the IoT space, powering large-scale programs across automotive, utilities and energy, fleet management, medical devices, and manufacturing. The company’s technology platforms—including the Aeris IoT Accelerator Platform, Aeris IoT Watchtower™, and Aeris Mobility Suite—enable organizations to manage, optimize, 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 data-driven insights through our reliable connectivity management platform,” said Marc Jones, Board Chair at Aeris. “This investment from TA marks a significant milestone in our journey.” Aziz Benmalek, CEO and Board Director at Aeris, added, “With TA’s experience in driving growth and operational excellence, we are well-positioned to accelerate the adoption of our Agentic AI and advanced IoT security capabilities. This will help enterprises across industries achieve greater efficiency, scalability, and flexibility through our technology platforms.” Nick Leppla, Director at TA, and Jason Werlin, Managing Director at TA, said, “We’ve followed Aeris closely for over a decade and believe the company’s track record of innovation, trusted client relationships, and global reach have created a strong foundation for future growth. We look forward to partnering with Marc, Aziz, and the entire Aeris team as they expand their leadership in the IoT ecosystem.” TA will join Aeris’ Board of Directors and work closely with the company’s leadership to support its strategic vision, enhance operational performance, and drive continued product innovation. Aeris serves a global network of 7,000 enterprise customers, nearly 30 mobile network operator partners, and manages nearly 100 million IoT devices worldwide. As one of the largest orchestrators of eSIMs for IoT, Aeris delivers borderless connectivity, AI-powered security, and simplified device management to power the next generation of smart, connected systems. Founded in 1990, TA Associates has invested in more than 560 companies across technology, business services, financial services, healthcare, and consumer sectors since its inception in 1968. With $65 billion in capital raised and over 160 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai, and Hong Kong, TA is committed to helping high-performing companies achieve lasting success. Learn more at www.ta.com.