tag: General Electric

April’19 Startup Funding: Corporate Gushers
By Jeff Dorsch - 02 May, 2019 - Comments: 0

It was another rich month for startups, large and small. In April’s top 11 funding rounds, five were investments by big corporations or corporate venture capital funds—an investor consortium led by the SoftBank Vision Fund, PayPal, Ford Motor, NTT DoCoMo, and HAPSMobile, a joint venture of SoftBank Group and AeroVironment. Those 11 investments totaled $3.74 billion. Intel Capital was als... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 14 Dec, 2018 - Comments: 0

Internet of Things Arm made five 2019 predictions for the Internet of Things. They are: The intelligent home goes mainstream; personalized delivery options; improved health-care service; smart cities seek to improve revenue streams and citizen engagement; and smart buildings use more technology for efficiencies. The company also commissioned a worldwide survey of 2,000 consumers, conducted by ... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 30 Nov, 2018 - Comments: 0

Internet of Things Lowe’s, the home improvement retailer, is giving up on the smart home market. The company is putting its Iris Smart Home business up for sale as part of a reorganization. The retailer made a big splash at CES 2015 with its Innovation Lab offerings, which included retail service robots and the Holoroom “home improvement simulator.” The Iris product line includes multipl... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 05 Oct, 2018 - Comments: 0

Internet of Things Amazon Web Services announced that Iridium Communications has joined the AWS Partner Network. AWS and Iridium have collaborated on development of Iridium CloudConnect, a service that enables worldwide coverage for Internet of Things applications through Iridium’s satellite network. AWS IoT is being paired with Iridium IoT services as a result. IHS Markit forecasts there wi... » read more

Challenges At The Edge
By Kevin Fogarty - 03 May, 2018 - Comments: 0

By Kevin Fogarty and Ed Sperling Edge computing is inching toward the mainstream as the tech industry begins grappling with the fact that far too much data will be generated by sensors to send everything back to the cloud for processing. The initial idea behind the IoT/IIoT, as well as other connected devices, was that simple sensors would relay raw data to the cloud for processing throug... » read more

The Week in Review: IoT
By Jeff Dorsch - 23 Feb, 2018 - Comments: 0

Finance Vectra raised $36 million in Series D funding led by Atlantic Bridge Capital. The Ireland Strategic Investment Fund and Nissho Electronics also participated in this funding round along with returning investors Khosla Ventures, Accel Partners, IA Ventures, AME Cloud Ventures, DAG Ventures, and Wipro Ventures, bringing Vectra’s total funding to date to $123 million. Vectra will use the... » read more

The Week in Review: IoT
By Jeff Dorsch - 12 Jan, 2018 - Comments: 0

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
By Jeff Dorsch - 27 Oct, 2017 - Comments: 0

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
By Jeff Dorsch - 20 Oct, 2017 - Comments: 0

Acquisitions ASSA ABLOY has agreed to acquire August Home, a startup providing home security products; the purchase price wasn’t revealed. August Home, which raised $75 million in private funding, should fit well with the Scandinavian conglomerate’s Yale lock business. The transaction is subject to regulatory approval and customary closing conditions; it is expected to close by the end of ... » read more

The Week In Review: IoT
By Jeff Dorsch - 22 Sep, 2017 - Comments: 0

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

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