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  • Pivotal scores $253 million Series C led by Ford on hefty $2.8 billion valuation

    Pivotal scores $253 million Series C led by Ford on hefty $2.8 billion valuation

    Pivotal has a couple of new friends with big wallets. Today it announced that Ford and Microsoft were joining EMC, VMware and GE as investment partners on a massive $253 million Series C investment with a whopping $2.8 billion valuation. It’s not a coincidence that Pivotal has been working closely with Ford over the last year to help it in its own transformation from a car company to… Read More

  • FirstBuild launches Pique, a faster cold-brew coffee maker for the home

    GE’s gadget-invention partner FirstBuild is launching Pique, a cold-brew coffee maker for the home. Coffee has turned from a daily routine into somewhat of an art form in the last few years, with drip makers, the French press, single-serve cups, pour-over and an endless supply of the latest hi-tech machines that will whip up any bean-flavored concoction to your liking. Note most… Read More

  • Poncho Launches An Alarm App So You Can Wake Up To Weather Forecasts

    Poncho Launches An Alarm App So You Can Wake Up To Weather Forecasts

    Poncho, the text/email-based weather service with personality, has today launched an iOS app that acts as an alarm clock to wake you up. Poncho launched out of betaworks in 2013 with a very simple premise: deliver the weather in a way that makes sense to the user. Instead of launching a fancy-shmancy weather app, the team launched a text and email service where the ‘Weather Cat’… Read More

  • Suddenly Every Company Is Becoming A Venture Capitalist

    Suddenly Every Company Is Becoming A Venture Capitalist

    It has often been said that every company is a software company or even a big data company, but as I attended the Intel Capital Global Summit last week, another thought occurred to me: every company is now also an investment company. The star of the show last week was Intel Capital of course, the venture arm of Intel Corporation, but it’s far from alone. Over dinner strictly by… Read More

  • GE Predicts Predix Platform Will Generate $6B In Revenue This Year

    GE Predicts Predix Platform Will Generate $6B In Revenue This Year

    Like many big companies, GE has been in the process of trying to reinvent itself, and Predix, its Industrial Internet of Things platform has been a big part of that. Today, at its annual Minds + Machine conference in San Francisco, GE announced that the Predix platform had grown into a big business with $5 billion in revenues and $6 billion in orders expected this year. The company… Read More

  • GE Adds Infrastructure Services To Internet Of Things Platform

    GE Adds Infrastructure Services To Internet Of Things Platform

    GE announced today that it was expanding its Predix Internet of Things platform to provide Infrastructure as a Service (IaaS). The IaaS market is dominated by Amazon Web Services with many others, including Microsoft, Google and IBM vying for a piece of the action. GE hopes to differentiate itself from these companies by offering infrastructure services specifically tuned to the needs… Read More

  • GE Spotlights New Smart Street Lamps

    GE Spotlights New Smart Street Lamps

    GE has a new smart street light in early production, and it hopes that over time, cities and third-party developers will begin to take advantage of the platform to build smart city apps. The light itself is a super-efficient LED that could last up to 20 years. Where it gets interesting is that GE is including a sensor pack with each bulb with capabilities such as video, light and weather… Read More

  • Airware’s Drone Operating System Gets Strategic Investment, Tech, Clients From GE Ventures

    Airware’s Drone Operating System Gets Strategic Investment, Tech, Clients From GE Ventures

    Dull, dirty, and dangerous. Those are the tasks robots are best for, but it also describes jobs with General Electric’s Field Services division, inspecting wind turbines and oil pipelines. So today GE Ventures made one of its first major strategic investments in robotics through a new partnership with drone hardware, software, and cloud services platform startup Airware. GE will provide… Read More

  • Quirky, GE Unveil Their Vision For The Connected Home

    Quirky, GE Unveil Their Vision For The Connected Home

    At their headquarters in Chelsea, crowdsourced invention engine Quirky and its manufacturing juggernaut of a partner General Electric threw back the curtains on their play for the connected home. They re-launched their spinout, Wink, announced seven new gadgets for the connected home, and the development of something the company is calling a “microfactory” in San Francisco that… Read More

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