December Startup Funding: Big Rounds As 2018 Ends


During the month of December, 16 startups had private funding rounds of $100 million and up, with half of them in the mobility area. Those 16 rounds totaled $3.2 billion as the year concluded. Before the holidays, the SoftBank Vision Fund invested $500 million in Cambridge Mobile Telematics, provider of the DriveWell platform used by insurers, vehicle fleets, wireless carriers, and others to... » read more

November Startup Funding: Big Deals Dominate


A dozen tech startups involved in mobility, software, cybersecurity, robotics and smart payment terminals each raised $100 million or more in November. Big deals in automation, transportation sharing That $100 million figure came most often from SoftBank’s Vision Fund, a Japanese-based fund that is also backed by big investors such as Apple, Abu Dhabi’s government, and famously the Kingdom... » read more

Week in Review: IoT, Security, Auto


Internet of Things DHL Supply Chain reports that it will spend $300 million to install Internet of Things sensors and collaborative robots in its North American warehouses, bringing 60% of those facilities up to automation capabilities already implemented in 85 of DHL’s 430 warehouses in North America. The company will also employ robotic process automation software and other programs to red... » read more

Week in Review: IoT, Security, Auto


Cybersecurity Check Point Software Technologies reports that facsimile machines (yes, people still use them!) can be subject to hacking through vulnerabilities in their communication protocols. The HP Officejet Pro All-in-One fax printers and other fax machines can be compromised with a hacker only knowing a fax number, according to the company. Check Point Research says a design flaw in Andro... » read more

Week in Review: IoT, Security, Auto


Cybersecurity Jens (Atom) Steube, a cybersecurity researcher and creator of the Hashcat password cracking tool, was probing for vulnerabilities in the new WPA3 security standard for Wi-Fi routers. WPA3 presents a robust defense against hacking, yet Steube discovered a security flaw in routers using WPA/WPA2 – one that leaves Wi-Fi passwords enabled with Pairwise Master Key Identifiers vulner... » read more

$8.5B For Auto, IoT, Security Startups


Investors infused $4.9 billion into automotive-related startups, nearly $2.5 billion into IoT startups and almost $1.2 billion into cybersecurity startups so far in 2018, according to Semiconductor Engineering’s estimates of private funding in the first six months of 2018. Popular investments included companies using artificial intelligence, big data analytics, blockchain, machine learning... » read more