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


Legislation Four senators plan to introduce a bipartisan bill that would require federal government vendors to provide Internet-connected devices and equipment that is patchable and conforms to industry cybersecurity standards. Such products must not have unchangeable passwords or known security vulnerabilities. The bill was drafted with expert advice from the Atlantic Council and Harvard Univ... » read more

The Week In Review: IoT


Finance Samsara, an Industrial Internet of Things startup, raised $40 million in its Series C financing, led by General Catalyst. Andreesen Horowitz, an existing investor, and Samsara’s founders also participated in the funding round, which values the company at $530 million. The supplier of Internet-connected sensors for industrial and transportation applications has raised a total of $80 m... » read more

U.S. Fab Investments Rise


Thin Film Electronics is opening a chip fabrication facility in San Jose, Calif., that will produce devices on rolls of flexible materials, using technology similar to inkjet printing, rather than the standard semiconductor production equipment geared toward silicon wafers. At the same time, Samsung Electronics and GlobalFoundries are expanding their wafer fabrication plants in Austin, Texas... » read more

The Week In Review: IoT


Finance SENSORO reports receiving $18 million in Series B funding from Robert Bosch Venture Capital, Sumitomo, and Tsing Capital. Nokia Growth Partners provided $10 million in first-round financing two years ago. SENSORO, which provides Internet of Things sensor devices and network technology, was established in 2013 as part of the Microsoft Accelerator program. Daylight Investors of Los An... » read more

The Week In Review: IoT


Finance August Home (formerly known as Kease), a San Francisco-based supplier of smart door locks and doorbell cameras, reports raising about $17.7 million from venture capitalists, with plans to lock down just shy of $25 million in private funding. The information was disclosed in a Form D filing with the Securities and Exchange Commission. Protocols Comcast has joined the LoRa Alliance a... » read more

The Week In Review: IoT


Products NXP Semiconductors this week brought out several Internet of Things devices and other products for using near-field communications in advanced product authentication, integrity assurance, and enhanced user engagement in consumer manufactured goods, health care, retail, and other industries. The company has introduced the NTAG 413 DNA and NTAG 213 Tag Tamper devices to combat fake prod... » read more

The Week In Review: IoT


Services AT&T and IBM are expanding their joint Internet of Things effort to offer AT&T’s new IoT analytics capability, helping customers yield insights from their industrial IoT data. The capability takes in AT&T’s M2X, Flow Designer, Control Center, and other IoT offerings; IBM Watson IoT; the IBM Watson Data Platform; and the IBM Machine Learning Service, part of Watson Data Platform on... » read more

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