The Week in Review: IoT


Security Mocana said it is working with Avnet, Infineon Technologies, Microsoft, and Xilinx to provide Industrial Internet of Things systems that meet cybersecurity standards. The systems utilize the Avnet UltraZed-EG system-on-module, Mocana’s security software running on the Xilinx Zynq Ultrascale+ MPSoc, and Infineon’s OPTIGA Trusted Platform Module 2.0 security chip. The Microsoft Azur... » read more

The Week in Review: IoT


Finance Farmobile has raised $18.1 million in a Series B round of funding, led by Anterra Capital and AmTrust Agricultural Insurance Services, bringing its total funding to more than $28 million. Existing investors also took part in the new round. The agricultural Internet of Things startup will use the money to expand its operations around the world. Farmobile provides agronomic and machine d... » read more

The Week in Review: IoT


Finance Automile, an Internet of Things company involved in field-service businesses, has received $34 million in Series B funding led by Insight Venture Partners, bringing its total funding to $47 million. Existing investors Dawn Capital, Point Nine Capital, SaaStr Fund, and Salesforce Ventures also participated in the new round. Automile will use the money on marketing, product developmen... » read more

The Week in Review: IoT


Acquisitions ASSA ABLOY has agreed to acquire August Home, a startup providing home security products; the purchase price wasn’t revealed. August Home, which raised $75 million in private funding, should fit well with the Scandinavian conglomerate’s Yale lock business. The transaction is subject to regulatory approval and customary closing conditions; it is expected to close by the end of ... » read more

The Week in Review: IoT


Market Research International Data Corp. (IDC) forecasts the worldwide Internet of Things market will double from $625.2 billion in 2015 to $1.29 trillion in 2020 for a compound annual growth rate of 15.6%. Aeris collaborated with IDC on its report, which predicts the installed base of IoT endpoints will increase from 12.1 billion at the end of 2015 to more than 30 billion by 2020. Initiati... » read more

The Week in Review: IoT


Finance Mountain View, Calif.-based FogHorn Systems has received Series B funding of $30 million, led by Intel Capital and Saudi Aramco Energy Ventures. The new round brings the Industrial Internet of Things edge computing startup’s total funding to $47.5 million. Honeywell Ventures is a new investor, joining existing investors Darling Ventures, Dell Technologies Capital, GE Ventures, March ... » read more

The Week In Review: IoT


Connectivity Sigfox this week held the first annual Sigfox World IoT Expo in Prague, Czech Republic, bringing together network operators, business partners, and industry professionals. The company announced a number of new services for its users, including the Admiral Ivory connectivity service, which promises to make any short-range wireless device into a long-range Internet of Things device,... » read more

The Week In Review: IoT


Finance Santa Monica, Calif.-based Sixgill reports raising $27.9 million in its Series B round of private financing, led by DRW Venture Capital. Mobile Financial Partners participated in the round. The startup last year raised $6 million in its Series A funding, also led by DRW. The company offers the Sixgill Sense sensor data services platform, addressing applications in the Internet of Thing... » read more

The Week In Review: IoT


Conferences Artificial intelligence, the Internet of Things, and 5G wireless communications were the talk of this week’s Mobile World Congress Americas event at the Moscone Center in San Francisco. Interesting topics, to be sure, yet they were eclipsed by a panel discussion on Wednesday afternoon about a matter of life or death. At a program put together by 151 Advisors, one of the panel ses... » read more

The Week In Review: IoT


Deals Deere & Co. has agreed to acquire Blue River Technology of Sunnyvale, Calif., for $305 million. The transaction is expected to close this month. Blue River develops computer vision and machine learning technology for use in precision agriculture. Monsanto Growth Ventures, Data Collective Venture Capital, Innovation Endeavors, Khosla Ventures, and Pontifax AgTech were among the investors... » read more

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