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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


Finance Particle, the provider of a full-stack Internet of Things device platform for enterprises, has raised $20 million in Series B funding, bringing its total venture funding to $30 million. Spark Capital led the new round, with participation by Qualcomm Ventures and existing investors in the IoT startup. Machina Research estimates cellular IoT connections will increase from 334 million in ... » read more

The Week In Review: IoT


Tools SAP brought out an Internet of Things tool called the Leonardo IoT Bridge, meant to connect sensor data from the field with business data systems inside enterprises. Leonardo IoT Bridge makes use of the SAP Leonardo cloud-based service. The German software company said it would partner with the Bosch Group to provide an IoT Bridge dashboard for delivery companies, keeping tabs on deliver... » read more