Week in Review: IoT, Security, Auto


Internet of Things Silicon Labs worked with Norway’s Q-Free to create the ParQSense Smart Parking Sensor, which helps drivers find available outdoor parking spaces. ParQSense uses the chip company’s Wonder Gecko wireless microcontroller for connectivity and control. Having gone through pilot testing in the European Union and North America this year, ParQSense is being released for commerci... » read more

The Week in Review: IoT


Cybersecurity Cybersecurity concerns continued to generate news this week. Symantec reported a corporate espionage hacking campaign against manufacturers of medical supplies, dubbing the efforts “Orangeworm.” The hackers have attacked 24 or more targets this year, and almost 100 since 2015, according to the security software and services firm. Meanwhile, the House Energy and Commerce Co... » 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

The Week In Review: IoT


Market Research There will be 8.4 billion connected things in use this year, a 31% gain from 2016, and leading up to 20.4 billion connected devices in 2020, according to Gartner. The market research firm estimates worldwide spending on endpoints and services will hit nearly $2 trillion in 2017. Greater China, North America, and Western Europe account for two-thirds of the IoT installed base th... » read more