The Week in Review: IoT

Finance Automile, an Internet of Things company involved in field-service businesses, has received $34 million in Series B funding led by Insight Venture Partners, bringing its total funding to $47 million. Existing investors Dawn Capital, Point Nine Capital, SaaStr Fund, and Salesforce Ventures also participated in the new round. Automile will use the money on marketing, product developmen... » read more

The Week In Review: IoT

Finance Dublin-based Cubic Telecom has taken in €40 million (about $47.6 million) in Series C funding, bringing its total funding to €75 million (around $89.25 million). Audi Electronics Venture and Qualcomm are existing investors participating in the new round of funding, joined by new investors Ireland Strategic Investment Fund and Valid Soluciones Tecnologicas SAU. Cubic will use the mo... » read more