The Week in Review: IoT


Finance Toronto-based Ecobee, which markets smart thermostats, raised $61 million in its Series C funding, bringing the total funding for the 11-year-old company to $146 million. Energy Impact Partners led the new round and was joined by Amazon’s Alexa Fund, Relay Ventures, and Thomvest. Ecobee counts Nest Labs, the Google subsidiary, as its chief rival. ThoughtWire, also headquartered in... » read more

The Week In Review: IoT


Tools Mentor Graphics rolled out a tester for thermal reliability of electric and hybrid vehicles during power cycling. The tester is the first of its kind. Deals Rambus signed a deal with Eurobank Poland for a cloud-based mobile payment system. The deal involves Secure Element in the Cloud software from Bell ID, which Rambus acquired in January. Eurobank Poland has more than 1 million cus... » read more