The Week In Review: IoT


Finance Dublin-based Cubic Telecom has taken in €40 million (about $47.6 million) in Series C funding, bringing its total funding to €75 million (around $89.25 million). Audi Electronics Venture and Qualcomm are existing investors participating in the new round of funding, joined by new investors Ireland Strategic Investment Fund and Valid Soluciones Tecnologicas SAU. Cubic will use the mo... » read more

The Week In Review: IoT


Finance Ring, which sells Internet-connected doorbells, security cameras, and other products, received another $109 million in private funding, bringing its total funding to $209 million. DFJ Growth, Goldman Sachs Investment Partners, and Qualcomm Ventures led the Series D round, with participation by Richard Branson and other existing investors. Ring says its products are available in 100 cou... » read more

The Week in Review: IoT


Deals Analog Devices this week agreed to purchase Linear Technology for $60 a share in cash and stock, a proposed purchase worth about $14.8 billion. The transaction will wrap up next year, if antitrust regulators and Linear Tech’s shareholders give it the green light. Both chip companies are very active in Internet of Things technologies, with ADI acquiring Switzerland-based SNAP Sensor ear... » read more