Industrial Internet of Things

Industrial IoT startup Litmus Automation bags new cash to grow its product

In recent years, a cottage industry has sprung up around the industrial internet of things (IoT) landscape — and the data generated by it. It’s already overfull with platforms recording, a

Industrial cybersecurity startup Claroty raises $140M in pre-IPO funding round

Claroty, an industrial cybersecurity company that helps customers protect and manage their Internet of Things (IoT) and operational technology (OT) assets, has raised $140 million in its latest, and p

Xage brings role-based single sign-on to industrial devices

Traditional industries like oil and gas and manufacturing often use equipment that was created in a time when remote access wasn’t a gleam in an engineer’s eye, and hackers had no way of c

GE’s digital future looking murkier with move to spin off Industrial IoT biz

When I visited the GE Global Research Center in Niskayuna, New York in April 2017, I thought I saw a company that was working hard to avoid disruption, but perhaps the leafy campus, the labs and expe

Xage secures $12 million Series A for IoT security solution on blockchain

Xage (pronounced Zage), a blockchain security startup based in Silicon Valley, announced a $12 million Series A investment today led by March Capital Partners. GE Ventures, City Light Capital and NexS

Splunk turns data processing chops to Industrial IoT

Splunk has always been known as a company that can sift through oodles of log or security data and help customers surface the important bits. Today, it announced it was going to try to apply that same

Google to acquire Xively IoT platform from LogMeIn for $50M

Google announced today that it intends to buy Xively from LogMeIn, giving Google Cloud an established IoT platform to add to their product portfolio. Terms of the deal were not disclosed. Google ind

Petasense emerges from stealth to help companies monitor machine health

Industrial IoT startup Petasense emerged from stealth today, officially announcing $1.8 million in seed funding and a hardware/software solution designed to help industrial customers understand when e

GE invests $2 million in Alchemist Accelerator to back industrial IoT startups

Alchemist Accelerator has raised $2 million from GE Digital to start a new program for industrial IoT startups. Stanford lecturer Timothy Chou, formerly President of Oracle On Demand, will chair Alche

How IIoT is revolutionizing utilities

The Industrial Internet of Things (IIoT) is creating huge opportunities in the water and wastewater industries, adding value to both the utility and the consumer. Connected machines are reshaping the

What’s trending in the IoT space

Our team has been active as investors in the Internet of Things and hardware space over the past two years. We've read pitches from hundreds of companies, met with dozens, read hundreds of research re

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 + Ma