June Startup Funding


During the month of June, there were 15 startups that brought in funding rounds of $100 million or more, as investors continued to chase deals in cybersecurity, automotive technology, semiconductors, and a variety of services. There were no billion-dollar deals as spring slid into summer; yet, those 15 companies together raised a total of about $3.13 billion. Aurora Innovation, the developer... » read more

Week in Review: IoT, Security, Auto


Internet of Things Paris-based Parrot Drones and five other companies were selected by the Pentagon’s Defense Innovation Unit and the U.S. Army to adapt off-the-shelf commercial drones for combat applications as part of the Army’s Short Range Reconnaissance program. SRR seeks to develop unmanned aerial vehicles that have a flight time of 30 minutes, a range of three kilometers (nearly two ... » read more

The Week In Review: IoT


Government Maureen Ohlhausen, the acting head of the Federal Trade Commission, said in an interview that she looks to manufacturers of Internet-connected devices to decide on best practices for the Internet of Things. Although the FTC has the legal authority to set regulations for a variety of industries, Ohlhausen said the commission is “not primarily a regulator,” in line with the new ad... » read more