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Singapore-based Transcelestial uses lasers to build affordable internet networks

TechCrunch

Transcelestial is on a mission to make the internet more accessible by building a network of shoebox-sized devices that send lasers to one another, creating a fiber-like network. This brings Transcelestial’s total raised since it was founded in 2016 to $24 million. Transcelestial plans to enter the U.S. and anywhere on earth.”

Internet 218
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Microsoft’s latest OpenAI investment opens way to new enterprise services

CIO

A move that is likely to unlock similar investments from competitors — Google in particular — and open the way for new or improved software tools for enterprises large and small. Up to that point, OpenAI had only allowed enterprises and academics access to the software through a limited API.

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Starry’s SPAC part of Chet Kanojia’s mission to shake up broadband

TechCrunch

Eight years after starting Starry to change the way the home internet is delivered, CEO Chaitanya “Chet” Kanojia announced this week that the company completed its special purpose acquisition with FirstMark Horizon Acquisition Corp. You can read more about Starry’s origins in a 2016 interview with Kanojia.

Internet 205
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South African startup Talk360’s seed funding hits $7M after new backing

TechCrunch

Months after the initial close of its seed round, Talk360 , a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, bringing the total investment raised in the round to $7 million. The company said its internet calling app has connected 2.3 seed funding.

VOIP 225
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Lidar company Quanergy to go public via $1.4B SPAC deal

TechCrunch

The company generated a lot of hype after it announced in 2016 that it had developed a lidar that cost $250 or less (for reference, around the same time Velodyne was selling a lidar sensor for $75,000). Quanergy says it has more than 350 customers and 40 partnerships globally, across both the automotive and internet of things sectors.

Company 252
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2016 Internet of Things (IoT) Predictions

CTOvision

To help IoT solution providers define their 2016 product roadmap, here are some of INSIDE Secure’s top IoT predictions for the year: IoT hype will become reality. In 2016 there will be a growing number of authentic success stories where the IoT provides real value to consumers and enterprises.

IoT 67
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Is ad fraud a cybersecurity problem?

The Parallax

Deftly sliding from desktop browsers to mobile devices to smart TVs and other Internet of Things devices, ad fraud is a multibillion-dollar business problem that has been running rampant across the Internet for years. In a 2016 analysis, Hewlett Packard Enterprise identified it as the most lucrative form of cybercrime.

Security 214