March Startup Funding: Money Springs Forth


Another month, another couple of billion-dollar rounds. Singapore-based Grab raised nearly $1.5 billion from the SoftBank Vision Fund, bringing its total private funding to more than $4.5 billion and valuing the company at around $14 billion. Grab has acquired Uber’s ride-hailing business in Southeast Asia and now competes chiefly with Go-Jek of Indonesia in Thailand and other emerging mar... » read more

Week in Review: IoT, Security, Auto


Internet of Things Apple purchased a portfolio of eight granted and pending patents that belonged to Lighthouse AI, a smart home security camera startup that ceased operations near the end of 2018. The portfolio was acquired at about the same time, according to the U.S. Patent & Trademark Office; financial terms weren’t revealed. Also not disclosed, as usual, is what Apple will do with t... » read more

Week in Review: IoT, Security, Auto


Internet of Things Arm aims to accelerate Linux-based embedded design through providing quick access to the Cortex-A5 CPU under the Arm DesignStart program. Developers can work on embedded and Internet of Things system-on-a-chip devices for gateways, medical systems, smart homes, and wearable electronics. IP access to the Cortex-A5 is now $75,000, with one-year of design support from Arm exper... » read more

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