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The Week in Review: IoT


Finance Palo Alto, Calif.-based Armis raised $30 million in Series B funding, bringing total funding for the provider of enterprise Internet of Things security to $47 million. Red Dot Capital Partners of Israel led the round, joined by Bain Capital Ventures. Existing investors Sequoia Capital and Tenaya Capital also participated in the latest funding, which Armis will use to expand sales and m... » read more

The Week in Review: IoT


Finance Robert Bosch Venture Capital has purchased a significant number of IOTA tokens from the IOTA Foundation, making a cryptocurrency investment in blockchain technology and the Internet of Things. IOTA provides distributed ledger technology, enabling secure machine-to-machine transactions in data and money, with the foundation charging a micro fee for the service. Riot Blockchain report... » read more

The Week In Review: IoT


Finance Santa Monica, Calif.-based Sixgill reports raising $27.9 million in its Series B round of private financing, led by DRW Venture Capital. Mobile Financial Partners participated in the round. The startup last year raised $6 million in its Series A funding, also led by DRW. The company offers the Sixgill Sense sensor data services platform, addressing applications in the Internet of Thing... » read more

The Week In Review: IoT


Analysis The Internet of Things may be entering the infamous “Trough of Disillusionment” in the Gartner Hype Cycle, according to some observers. “There’s a general malaise growing around IoT. Where is this shiny, artificially intelligent, fully connected future of things we were promised?” iobeam CEO Ajay Kulkarni writes in this analysis. Others are more sanguine about the IoT. Clear... » read more