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Smart parking payment startup Metropolis raises $167M

Mobile commerce startup Metropolis Technologies Inc. is feeling richer today after closing on a $167 million round of funding that was co-led by 3L Capital and Assembly Ventures. Dragoneer Investment...

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Industrial giant Siemens to buy Brightly Software in $1.58B deal

The German industrial giant Siemens AG said today it has agreed to buy U.S.-based asset management software firm Brightly Software Inc. for $1.58 billion, with the deal expected to close before the...

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IoT networking startup Onomondo reels in $21M funding round

Onomondo ApS has secured $21 million in funding to grow its networking platform, which helps companies link their connected devices to the cloud. The Denmark-based startup said in its announcement of...

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‘AIoT’ startup Butlr raises $20M, signs agreement with Carrier Global

“Artificial intelligence of things” startup Butlr Technologies Inc. today disclosed that it has raised $20 million in new funding to support customer growth and has signed an agreement with Carrier...

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Chipmaker Semtech acquires IoT specialist Sierra Wireless for $1.2B

Chipmaker Semtech Corp. on Tuesday announced plans to acquire Sierra Wireless Inc., a developer of networking technology for connected devices.  The acquisition values Sierra Wireless at $1.2 billion....

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Recurve, an open-source platform for virtual power plants, raises $18M

Recurve Analytics Inc., an open-source platform for virtual power plants, said today it has raised $18 million in new funding to accelerate the transition to clean energy by reducing stress on the...

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Increasing demand drives revenue growth at IoT platform provider Samsara

“Internet of things” cloud platform provider Samsara Inc. reported higher-than-expect revenue in its second quarter thanks to increasing demand for its services. For the quarter, which ended July 30,...

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Litmus raises $30M for its industrial IoT platform

Startup Litmus Automation Inc. today announced that it has closed a $30 million funding round led by Belden Inc., a publicly traded maker of industrial equipment. Litmus will use the Series B round to...

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Motive’s new AI Reefer Monitoring solution prevents unsafe temperature...

Fleet management software company Motive Technologies Inc. has expanded its offering in the food and beverage market with the launch today of a new artificial intelligence-driven Reefer Monitoring...

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Samsara’s new Proactive Driver Coaching builds safe habits on the road

“Internet of things” cloud platform provider Samsara Inc. today launched a new solution designed to address driver training and build safe habits while on the road. Samsara’s new Proactive Driver...

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Dell launches operations software platform Project Frontier to scale up edge...

Dell Technologies Inc. today announced a new initiative called Project Frontier aimed at helping enterprises get a better grip on their edge computing deployments. Due to launch next year, Frontier is...

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US Army reportedly planning $1B cloud migration contract

The U.S. Army is planning to issue a cloud migration contract worth about $1 billion as part of its information technology modernization efforts.  Officials detailed the Enterprise Application...

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Google proposes list of five principles for IoT security labeling

Google LLC today released a proposed list of five principles around “internet of things” security labeling with an aim to increase security and transparency for electronic products that connect to the...

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Software over network layers key to collaboration, says Lumen

Layering the software technologies created by VMware Inc. over an extensive backbone network developed by Lumen Technologies Inc is how the fiber company sees its relationship with VMware, according...

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Fresh from announcing new MacBook Pros, Apple surprises with a new HomePod

Fresh from delivering a January surprise in the form of M2 Pro-powered MacBook Pros, Apple Inc. has today announced a new HomePod smart speaker. The HomePod was launched in 2017, with the most recent...

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Aruba’s grand vision for the ‘Intelligent Edge’

Through its internet of things, on-premises access and network flavors, edge computing has become the new standard for improving the response times and bandwidth needs of the enterprise at large. A...

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Canonical debuts Real-time Ubuntu for low-latency applications

Linux operating system developer Canonical Ltd. today announced the general availability of Real-time Ubuntu, a new and specialized version of its operating system designed for time-bound workloads...

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Biosafety startup R-Zero raises $105M in new funding round

Biosafety technology startup R-Zero Systems Inc. said today it has closed on a bumper $105 million funding round led by the global investment firm CDPQ, bringing its total amount raised to more than...

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New Qualcomm Aware Platform assists in digital transformation programs

Qualcomm Technologies Inc. today unveiled a new platform designed to empower developers and enterprises to harness real-time information and data insights so they can accelerate their digital...

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‘AIoT’ startup Butlr raises funding from Qualcomm, launches new wireless sensor

Butlr Technologies Inc., which styles itself an “artificial intelligence of things” startup, today announced that it has raised additional funding from Qualcomm Ventures LLC and launched the next...

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