Shoof Technologies Incorporated, a company that provides advanced wireless technology for industrial IoT, announced that it has raised $4.3 million in seed capital led by Kleiner Perkins and Modiva Japan. Shoof's technology for asset monitoring and tracking plans to overcome the unreliability of current wireless technology
FieldIn has closed $4 million in funding, co-led by Gal Ventures and Germin8 Ventures, along with participation of early investors such as Terra Ventures. Additional participants in the round include prominent international angels and the Israel Innovation Authority, formerly known as the Office of the
IoT company Yonomi today announced the completion of $5 million in Series A financing led by Gentex, a top supplier of connected car and digital vision features for the global automotive industry, with participation in the round from existing strategic investor Allegion. Yonomi builds smart
Security startup Cog completed $3.5 million in Series A financing. Three investors participated in the round, including Grok Ventures and Rampersand. Cog Systems’ D4 secure platform isolates critical functions and services for the IoT commercial market, proactively securing these devices by reducing the attack surface and
Alchemy IoT, a Denver-Boulder, Colorado-based SaaS company specializing in software that brings business value to the Internet of Things, raised $4 million in seed financing from Aweida Venture Partners. The company’s platform seeks to increase equipment health and uptime, reduce total cost of ownership, and offer
Pwnie Express, a startup that provides threat detection for wireless and wired devices in and around workplaces, completed $8 million in financing led, by .406 Ventures, Ascent Venture Partners, and Fairhaven Capital. Vermont Center for Emerging Technologies also participated. According to the company, Pwnie Express’
Semiconductors startup Wiliot announced it has raised $14 million in Series A financing. Qualcomm Ventures, M Capital, Grove Ventures, Norwest Venture Partners, and 83North participated in the funding. Wiliot aims to accelerate the Internet of Things by eliminating reliance on batteries and wired power. The
IoT startup Ayla Networks completed $60 million in Series D financing led by Run Liang Tai Fund and Sunsea Telecommunications. Ayla Networks offers cloud-based connectivity solutions for manufacturers to turn appliances, HVAC, and more into intelligent devices. The company’s goal is to help manufacturers turn their
Yeti is an Android and iPhone mobile app that allows users to control their entire smart home by scheduling repetitive daily tasks. It also organizes users’ smart home devices into rooms to simplify and speed up access to them, as well as triggers specific device
ForeScout Technologies raised $116 million in an upsized IPO by offering 5.3 million shares at $22, after originally planning to offer 4.8 million shares. ForeScout Technologies is listed on the Nasdaq under the symbol FSCT. ForeScout provides Global 2000 enterprises and government agencies with agentless