Week in Review: IoT, Security, Auto


Internet of Things NXP Semiconductors provided its A71CH trust anchor to Google IoT Cloud, enabling authentication for Google IoT Cloud Core. The technology helps to secure edge devices for Internet of Things deployments. Separately, NXP announced the promotion of Kurt Sievers, executive vice president and general manager of the chip company’s automotive business, to president of NXP Semicon... » 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


Finance Toronto-based Ecobee, which markets smart thermostats, raised $61 million in its Series C funding, bringing the total funding for the 11-year-old company to $146 million. Energy Impact Partners led the new round and was joined by Amazon’s Alexa Fund, Relay Ventures, and Thomvest. Ecobee counts Nest Labs, the Google subsidiary, as its chief rival. ThoughtWire, also headquartered in... » read more

The Week in Review: IoT


Finance BroadLink has raised $54.4 million in Series D funding from Citic Private Equity Funds Management. Baidu and Libai Group participated in the new round. BroadLink will use the money to expand its artificial intelligence and Internet of Things units, while also acquiring or investing in companies involved in smart home devices. Aperio Systems of Haifa, Israel, has received $4.5 millio... » read more

Let’s Talk About Securing Smart Homes


The global smart home market is expected to reach at least $40 billion in value by 2020. Perhaps not surprisingly, OEMs are inadvertently creating major security risks in their rush to market by shipping smart home products with inadequate security and unpatched vulnerabilities. As ABI Research Analyst Dimitrios Pavlakis notes, ignoring cybersecurity at the design level provides a wide-open doo... » read more