Two former executives from smart door lock company August Technology have created Union Labs, a venture capital firm that has filed to raise $50 million for its first fund. Nate Williams, the former chief revenue officer at August, and Chris Kim, its … [Read more...]
IoT news of the week for September 20, 2019
Plutoshift has raised $8M: Plutoshift, a company that provides prescriptive intelligence for industrial processes, has raised $8 million from a surprisingly diverse group of investors. They include Fall Line Capital and Unshackled Ventures, both … [Read more...]
IoT news of the week for September 13, 2019
McRock Capital raises C$80M of Industrial IoT fund: McRock Capital, a Canadian venture fund that invests in companies trying to serve industrial firms, has raised C$80 million of a planned C$100 million fund. The company has now launched the fund, … [Read more...]
IoT news of the week for September 6, 2019
Litmus Automation raises $7M: Edge computing company Litmus Automation has raised $7 million in Series A funding led by Litmus customer Mitsubishi Corporation. The investment brings Litmus Automation’s total funding to $12.6 million and will help the … [Read more...]
IoT news of the week for August 30, 2019
Some real talk about tech patents: This week, my husband sent me a Cisco patent application for IoT security; it describes a server that contains access permissions and rights to connect to specific IoT devices, which isn't a far-fetched idea but is … [Read more...]
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