The Week In Review: IoT


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

The Week In Review: IoT


Tools SAP brought out an Internet of Things tool called the Leonardo IoT Bridge, meant to connect sensor data from the field with business data systems inside enterprises. Leonardo IoT Bridge makes use of the SAP Leonardo cloud-based service. The German software company said it would partner with the Bosch Group to provide an IoT Bridge dashboard for delivery companies, keeping tabs on deliver... » read more

The Week In Review: IoT


M&A TDK has agreed to acquire InvenSense for $13 a share, representing a total of $1.3 billion in cash. The transaction must be approved by InvenSense shareholders and regulatory agencies; TDK expects to wrap up the deal in the second quarter of its fiscal year ending in March of 2018 (the third quarter of the calendar year). Apple accounted for 40% of InvenSense’s revenue for the fiscal... » read more