The Week in Review: IoT


Finance Cincinnati-based Losant, which offers an enterprise Internet of Things platform, reports raising $5.2 million in Series A funding led by CincyTech. The Rise of the Rest Seed Fund, TechNexus, and Vine Street Ventures also participated in the new round. Losant says customers for its scalable IoT platform include Bosch, Hewlett Packard Enterprise, and Verizon Communications. SAM of Tel... » read more

The Week in Review: IoT


Finance VDOO Connected Trust received $13 million in seed funding led by 83North, with participation by Dell Technology Capital and individual investors David Strohm, Joe Tucci, and Victor Tsao. The startup offers Internet of Things device developers the capability to add cybersecurity features to those devices after they’re deployed. VDOO was founded last year in Israel by Netanel Davidi, U... » read more

The Week In Review: IoT


Conferences Artificial intelligence, the Internet of Things, and 5G wireless communications were the talk of this week’s Mobile World Congress Americas event at the Moscone Center in San Francisco. Interesting topics, to be sure, yet they were eclipsed by a panel discussion on Wednesday afternoon about a matter of life or death. At a program put together by 151 Advisors, one of the panel ses... » 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

The Week In Review: IoT


Finance Trend Micro, the cybersecurity firm, announced a corporate venture fund of $100 million to invest in emerging technology markets, including the Internet of Things. Gartner estimates 26 billion devices will be connected to the Internet by 2020. Products Cisco Jasper introduced the Control Center 7.0 IoT connectivity management platform, with advanced capabilities, premium services, ... » read more

The Week In Review: IoT


Analysis The Internet of Trains? That’s how Siemens sees its work in railroads, utilizing Big Data analytics and Internet of Things technology. “Sensors on an Internet of Trains system monitor everything from engine temperature, to the open or closed state of doors, to vibrations on the rails, and even image data from outside of the trains using cameras,” Bernard Marr writes in this anal... » read more

The Week In Review: IoT


Analysis Whither Intel’s Internet of Things efforts? “While Intel's IoT business certainly won't solve its ongoing troubles in the PC and data center markets anytime soon, staying invested in that market will ensure that the chipmaker doesn't miss another major technological shift, as it did with mobile devices about a decade ago,” Leo Sun writes in this analysis. Products Cisco Sys... » read more

The Week In Review: IoT


Consortia Optimal+ said this week that it has joined the Industrial Internet Consortium. “The Industrial Internet of Things (IIoT) will have a tremendous impact on industries worldwide. The application of smart manufacturing, combined with the collection and analysis of in-use/field stage data, will deliver powerful insights to brand owners and enable them to achieve dramatic improvements in... » read more

The Week In Review: IoT


Finance NXP Semiconductors reported its Secure Connected Devices group posted revenue of $569 million in the fourth quarter, a gain of 10% from a year earlier. NXP CEO Richard Clemmer said in a statement, “All major product lines contributed to a seasonally solid quarter.” The chip company reported Q4 revenue of $2.44 billion and 2016 revenue of nearly $9.5 billion. Consortia Bosch, C... » read more

The Week In Review: IoT


Products Qualcomm reported before the official opening of CES 2017 that it has shipped more than 1 billion Internet of Things chips to date, for such applications as automotive electronics, Internet-connected televisions, sensors, and wearable gadgets (including smartwatches). The company didn’t include chips for smartphones and tablet computers in that total. “We have scale,” said Raj T... » read more

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