The Week in Review: IoT


Cybersecurity The U.S. and U.K. governments collaborated on an unprecedented message on Monday, together warning that Russian cyberattacks may extend beyond government and private organizations to individual homes and offices. The attacks may focus on Internet of Things devices, said Rob Joyce, the cybersecurity coordinator for the National Security Council, who soon after resigned from the Wh... » read more

The Week in Review: IoT


Investment Microsoft this week said it will spend $5 billion over four years on Internet of Things programs in research, development, and partner enablement. The company previously spent $1.5 billion on developing IoT technology. The move could pay dividends for the Microsoft Azure cloud platform and lead to wider use of Azure Stack, which pairs Microsoft software with hardware from approved p... » read more

The Week in Review: IoT


Finance Bestmile, which offers a mobility platform for managing autonomous vehicle fleets, raised $11 million in Series A funding led by Road Ventures SA. Also participating in the round are Partech Ventures, Groupe ADP, Airbus Ventures, Serena Capital, and MobilityFund. The startup, incorporated in 2014, will use the money for worldwide expansion, strengthening its cloud-based mobility platfo... » read more

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 CyberX raised $18 million in Series B funding, bringing its total funding to $30 million. Norwest Venture Partners led the new round and was joined by ff Venture Capital, Flint Capital, Glilot Capital Partners, and OurCrowd. CyberX makes its headquarters in Framingham, Mass., with operations in Israel. The startup offers security protection for Industrial Internet of Things application... » read more

The Week in Review: IoT


Finance San Francisco-based Aquabyte has raised $3.5 million in seed funding led by Costanoa Ventures and New Enterprise Associates. Princeton University and strategic investors in the U.S. and Norway also participated in the round. The startup is using computer vision and machine learning to optimize efficiency in fish farming. Aquabyte is first deploying its technology in Norway in cooperati... » read more

The Week in Review: IoT


Finance VDOO Connected Trust received $13 million in seed funding led by 83North, with participation by Dell Technology Capital and individual investors David Strohm, Joe Tucci, and Victor Tsao. The startup offers Internet of Things device developers the capability to add cybersecurity features to those devices after they’re deployed. VDOO was founded last year in Israel by Netanel Davidi, U... » read more

The Week in Review: IoT


Anniversaries The Bluetooth Special Interest Group is celebrating its 20th anniversary this year, and it kicked off the commemoration at CES 2018. The group now has more than 33,000 corporate members. Products/Services Samsung Electronics used the CES 2018 event to report on its progress in Internet of Things products and services. The company’s SmartThings technology now connects 370 ce... » read more

The Week in Review: IoT


Products/Services NXP Semiconductors is partnering with Alibaba Cloud, the cloud computing business unit of Alibaba Group, to develop secure smart devices for edge computing. The companies will also work together on Internet of Things offerings. AliOS, the Alibaba IoT operating system, has been integrated with NXP’s application processors, microcontrollers, and Layerscape multicore processor... » read more

The Week in Review: IoT


Products/Services At this week’s AWS re:Invent conference in Las Vegas, Nevada, Amazon Web Services introduced a number of products and services for the Internet of Things, machine learning, and other areas. These include Amazon FreeRTOS (an operating system for IoT microcontrollers), AWS IoT Device Defender (security management), AWS IoT 1-Click, AWS IoT Device Management, AWS IoT Analytics... » read more

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