The Week in Review: IoT


Finance Orbbec of Shenzhen, China, a developer of motion sensing technology, raised more than $200 million in Series D funding led by Ant Financial. Also participating in the new round were SAIF Financial, Green Pine Capital Partners, R-Z Capital, and Tianlangxing Capital Partners. Established in 2013, Orbbec develops 3D sensors for applications in facial recognition, gesture recognition, robo... » read more

The Week In Review: IoT


Deals VMware this week announced Internet of Things strategic alliances with Bayshore Networks, Dell, Deloitte Digital, Intwine Connect, PTC, and V5 Systems. IDC estimates IoT spending will reach almost $1.3 trillion by 2019. "IoT is said to be the largest addressable market since the advent of the Internet, and the true potential of IoT has yet to be realized in the enterprise. As a company t... » read more