A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – IOT INFRASTRUCTURE
- C3IoT, an IoT data analytics and development platform provider, raised a Series E funding round led by Breyer Capital, with participation from TPG Growth, Sutter Hill Ventures, Interwest Partners, Wildcat Venture Partners, Pat House, and Thomas Siebel. Link
- Uptake, a predictive analytics platform that leverages IoT data, secured a Series C round of $40M from Revolution. Link
- Evrythng, a smart products platform for IoT, raised $24.8M in a Series B round backed by Sway Ventures, Bloc Ventures, Cisco Investments, Samsung, Atomico, Dawn Capital, Advance Vixeid Partners. Link
- Sigfox, a France-based IoT network connectivity provider, secured a $15.8M Series E round by International Finance Corporation. Link
- Bayshore Networks, a Cybersecurity solution provider for Industrial IoT & OT network, raised a Series A round of $11M from Benhamou Global Ventures (BGV). Link
- Scriptr, a cloud-based platform provider for IoT Application Development, raised a Series A round of $5M led by Middle East Venture Partners (MEVP) with participation from Berytech Fund and Endeavor Catalyst. Link
- IoT.nxt, an open-framework platform for IoT development & solution integration, raised a Series B round of $7.7M from Talent Holdings. Link
- Waylay, a cloud-based Bayesian Network for IoT, raised a Series A round of $1.3M from PMV and Ark Angels Activator Fund (AAAF). Link
- Wireless Registry, a proximal identity & intelligence provider for IoT device, secured a debt round of $915k . Link
- Silicon Laboratories acquired Zentri, an operating System and device management platform for IoT. Link
- Faltcom, an end-to-end technology provider for connecting IoT devices and apps, was acquired by Telia Company. Link
- ARM acquired Mistbase, a wireless communication solutions provider for IoT applications. Link
SOME INTERESTING STARTUPS FOUND
Quantom (2016, Remote) – Blockchain-based semi-open decentralized development platform for IoT.
Mobioty (2016, Qiryat Ono) – Chipset solutions to enable connectivity for IoT applications.
Rayven (2016, Sydney) – Visual application builder platform for IoT solutions.
LEADER BOARD – IOT INFRASTRUCTURE
Hardware & Software Modules
Hardware Modules
Stadium Group (1911, Clevedon, IPO) – Provides connectivity devices and integration solutions for electronics and IoT applications. Went public in April 2006.
Billion (1973, Taipei, IPO) – Provides electronic power and network connectivity technology solutions. Went public in July 2000.
Software Modules
Acadine (2015, Hong Kong, $100M) – Provides operating system & software service platforms for Smart Applications. Backed by Tsinghua Unigroup Ltd.
Prodea (2006, Plano, $100M) – Provides a SaaS-based offering to bring all connected devices on one platform. Backed by Sovereign Wealth Fund Institute.
IoT Networks
Network Providers
Orbcomm (2003, Rochelle Park, IPO) – Provides M2M communication solutions for asset tracking, management, and remote control. Went public in November 2006.
Sigfox (2009, Labege, $312M) – A cellular network operator for IoT devices & Smart grid connectivity which uses Ultra Narrow Band unlicensed spectrum. Backed by Salesforce, Total, Telefonica Ventures, Intel Capital, International Finance Corporation, Idinvest Partners, SK Telecom, NTT Docomo, BPI France, Elliott Management, Eutelsat, Air Liquide, Engie, Partech Ventures, Elaia, iXo PE.
Mesh Networks
Eero (2014, SF, $90M) – Provides Mesh Networked Wifi System inside a house. Backed by Menlo VC, First Round, Index Ventures, Red Point,Shasta Ventures, Playground, AME Cloud Ventures and Homebrew.
Firetide (2003, Campell, $40M, Acq.) – Provides Wireless Mesh Network infrastructure and solutions. Backed by Menlo VC, Coral Capital Management. Acquired by Unicom System Inc. in May 2014.
IoT Platforms
Device Management Platforms
Optim (2000, Tokyo, IPO) – Provides a cloud-based platform and OS solutions for IOT applications. Went public in October 2014.
Echelon (1988, Santa Clara, IPO) – Provides an open standard embedded platform for IoT Applications like Smart Grids, Smart Cities, etc. Went public in August 1998.
Network Management Platforms
Silver Spring Network (2002, Redwood City, IPO) – A connectivity platform and network provider for communications between utility and customer, smart meters and communication nodes. Went public in March 2013.
Sierra Wireless (1993, Richmond, IPO) – Provides SIMs, Embedded and gateway solutions for IoT. Went public in May 1999.
Application Development Platforms
PubNub (2010, SF, $47M) – Provides cloud- based platform for Real-Time IoT Apps to scale. Backed by Sapphire Ventures, Scale VP, Relay Ventures, RBVC, Sound Ventures, Envision Ventures, TiE Angels, Cisco Investments, Ericsson.
Seebo (2012, Tel Aviv, $8.5M) – Offers a cloud-based platform for IoT products’ lifecycle management. Backed by Autodesk, Viola Group, TPY Capital.
Analytics Platforms
C3iot (2009, Redwood City, $134M) – A platform to rapidly deploy custom apps, integrate with existing ones, connect data streams and get a single dashboard to manage and analyze all the data remotely. Backed by TPG Growth, Sutter Hill Ventures, Interwest Partners.
Uptake (2014, Palo Alto, $85M) – A machine learning enabled predictive platform for multiple industries. Backed by Caterpillar, Great Point Ventures, New Enterprise Associates, Lightbank, Revolution.
End to End Platforms
Skkynet (2011, Mississauga, IPO) – Provides a secure & networked SCADA and IoT solution. Went public in April 2016.
Aplix (1986, Tokyo, IPO) – Provides beacon modules and cloud for IOT applications. Went public in December 2003.
Security
Hardware-Level Security
Inside Secure (1995, Meyreuil, IPO) – Provides embedded security solutions for transactions across IoT devices and mobile payments. Went public in February 2012.
Afero (2014, Los Altos, $20M) – Provides secure BLE module and cloud platform for connectivity of IoT devices. Backed by Presidio Ventures, Sanshin, SoftBank, Fenox, Assembly.
Network-Level Security
Mocana (2004, SF, $87M) – Provides software platform for IoT devices and application security. Backed by Shasta Ventures, SXVP, Trident Capital, Symantec, GE Ventures, Intel Capital, SV Angel.
Innopath (1999, Sunnyvale, $38.5M) – Provides over the air software management solutions. Backed by NVCC, VCPC, Mitsui Ventures.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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