The Week In Review: IoT


Finance August Home received $25 million in Series C funding, bringing its total funding to $75 million. Existing investors Bessemer Venture Partners, Comcast Ventures, Maveron, and Qualcomm Ventures were joined by AGL, Liberty Mutual, and SPDG. The Internet of Things startup will use the money to expand operations and to extend its offerings in home access products and services. Prospera, ... » 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

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

The Week In Review: IoT


Products Qualcomm reported before the official opening of CES 2017 that it has shipped more than 1 billion Internet of Things chips to date, for such applications as automotive electronics, Internet-connected televisions, sensors, and wearable gadgets (including smartwatches). The company didn’t include chips for smartphones and tablet computers in that total. “We have scale,” said Raj T... » read more

The Week In Review: IoT


Analysis Amazon Web Services has 81 services for its customers in the Internet of Things, online video games, and other markets, Quentin Hardy notes in this analysis. AWS is competing with Microsoft Azure and the Google Cloud Platform in cloud computing services, which are now extending beyond data centers and servers to offer software and a multitude of online services. “As innovations like... » read more

The Week In Review: IoT


Analysis Some consumer IoT products are actually useful and helpful in daily life, such as the Nest Learning Thermostat and the Honeywell Lyric for home automation, David Pogue writes. Then there are the products that make most people scratch their heads – IoT water bottles, the IoT toilet-paper dispenser, the IoT toothbrush, IoT umbrella, IoT fork, the IoT egg tray, and so on, he notes. “... » read more

The Week In Review: IoT


Management Intel has hired Tom Lantzsch, the executive vice president of strategy at ARM Holdings, to serve as senior vice president and general manager of its IoT Group, effective in January. Lantzsch succeeds Douglas Davis, a senior vice president who was running the IoT Group and had announced plans to retire from Intel after more than 30 years. Davis reconsidered that move, however; he wil... » read more

The Week In Review: IoT


Corporate Strategy IBM announced that it will spend more than $200 million on its new Watson Internet of Things center in Munich, Germany, focusing on how artificial intelligence and IoT connect with blockchain technology, the distributed database tech at the heart of Bitcoin and other virtual currencies. Big Blue revealed several customers for its Watson IoT Platform, such as Aerialtronics, K... » read more

The Week In Review: IoT


Security The Industrial Internet Consortium this week unveiled the Industrial Internet Security Framework, a set of specifications for connected health-care devices and hospitals, intelligent transportation, smart electrical grids, smart factories, and other cyber-physical systems in the Internet of Things. AT&T, Fujitsu, Hitachi, Infineon Technologies, Intel, Microsoft, and Symantec are among... » read more

The Week In Review: IoT


Deals Rambus completed its $32 million acquisition of the Snowbush IP assets from Semtech. Through the end of 2022, Rambus may make additional payments on the transaction, depending upon new product sales. The Snowbush IP assets became part of the Memory and Interfaces Division at Rambus, complementing the company’s offerings in IP and serializer/deserializer blocks. Samsung Electronics A... » read more