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The Week in Review: IoT


Finance Mountain View, Calif.-based FogHorn Systems has received Series B funding of $30 million, led by Intel Capital and Saudi Aramco Energy Ventures. The new round brings the Industrial Internet of Things edge computing startup’s total funding to $47.5 million. Honeywell Ventures is a new investor, joining existing investors Darling Ventures, Dell Technologies Capital, GE Ventures, March ... » read more

The Week In Review: IoT


Mergers and Acquisitions ARM has acquired Simulity Labs, an Internet of Things security firm in the United Kingdom, for about $15.2 million, a small part of which is held back for a year subject to certain conditions. Foresight Group, a private equity firm, acquired Simulity eight months ago for around $5.2 million, making a handsome profit on the transaction. Simulity provides embedded operat... » read more