10 Hot IoT startups to watch
The Internet of Things (IoT) promises to make machines smarter, industrial processes more efficient and consumer devices more responsive to our needs. According to research firm Gartner, there will be more than 20 billion connected things in use worldwide by 2020.
Armis raises $30 million Series B as enterprise IoT security heats up
When Armis launched in 2015, the company founders looked over the horizon and they saw the Internet of Things requiring a strong security layer. Today, the IoT security startup announced a $30 million Series B.
Israeli IoT Startup Axonize Scores Investment From Deutsche Telekom
Israel-based Internet of Things (IoT) startup Axonize locked in an investment from Deutsche Telekom to complete its Series A funding round. The IoT company secured a total of $6 million in the round, which was led by Israeli venture capital firm Meron Capital. Existing investors StageOne Ventures and Cornerstone Venture Partners also contributed.
Gartner: Global expenditure on IoT security to hit $1.5 billion in 2018
A new report from Gartner has projected that expenditure on IoT security across the globe will hit $1.5 billion in 2018 from $1.2 billion in 2017 due to the growing efforts from enterprises to shield themselves from IoT-based threats.
New report assesses global cellular IoT market through 2025
A new report by TMR Research looks into all possible aspects of the global cellular IoT market through 2025 – trends, market shares, market strategies, growth drivers, restraints, opportunities, regional outlook and key players.
Imanis Data Raises $13.5 Million in Funding and Names John Mracek as CEO
Imanis Data, the creator of a machine learning-based data management platform that includes cloud migration and backup/recovery tools for modern data platforms, today announced that it has raised $13.5 million in capital and named John Mracek as its new CEO.
IoT identity and management revenues to hit $21.5bn by 2022, says ABI Research
ABI Research projects that revenues from IoT identity and management are heading to hit the $21.5 billion benchmark by 2022, driven by IoT platform services together with security, cryptography, digital certificate management and data exchange services.
IoT deployment doubles among New Zealand enterprises in 2017, says IDC
The implementation of IoT solutions among enterprises in New Zealand has increased two-fold to 25.7% in 2017 from 13.7% in 2016, according to IDC. IDC New Zealand’s yearly Internet of Things Decision Maker Report explains how the companies understand the advantages of deploying IoT and implement the solution to boost productivity and enhance customer related experience.
Arrow acquires eInfochips to further its IoT leadership position
Arrow Electronics has announced that it has signed a definitive agreement to acquire California-based product engineering and software R&D services firm eInfochips.
Revenue at the IoT Edge Will Jump 81% in 2018, Study Says
No wonder there’s so much buzz about the network edge. According to a new survey by research firm MachNation, Internet of Things (IoT) edge revenue will increase 81 percent next year. North America (with 31 percent of revenue) and Europe (with 35 percent) will see the biggest jumps. The company expects the majority of the increase in the IoT edge to come from industrial IoT, automotive, transportation, and smart cities.