article thumbnail

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

TechCrunch

In recent years, a cottage industry has sprung up around the industrial internet of things (IoT) landscape — and the data generated by it. Despite the crowdedness in the industrial IoT sector, Vatsal Shah argues that there’s room for one more competitor. billion in 2020.

IoT 202
article thumbnail

The industrial data revolution: What founders got wrong

TechCrunch

In that Economist report, I spoke about society entering an “Industrial Revolution of Data,” which kicked off with the excitement around Big Data and continues into our current era of data-driven AI. We were focused all the way back then on what we now call the Internet of Things (IoT). And that certainly happened.

Industry 335
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Develop IoT Applications: A Complete Guide for 2022

The Crazy Programmer

People create IoT applications; people use IoT applications—the world’s technology grows from the internet to the Internet of Things, from middlemen transaction processes to Smart Contracts. How do you develop IoT applications ? Cloud: The cloud is the IoT’s storage and processing unit.

IoT 253
article thumbnail

Karamba Security raises another $10M for its IoT and automotive security platform

TechCrunch

Karamba Security , an Israel-based security startup that focuses on the IoT and automotive industry, today announced a $10 million extension to its $12 million Series B round from 2017. This round brings the company’s total funding to $27 million. ” Karamba Security’s XGuard.

article thumbnail

Monetization Monitor: Monetization Models and Pricing 2020

Customers demand—and suppliers offer—a diverse mix of monetization models for Software and Digital Services related to IoT Devices. Approximately a third (34%) of respondents in this year’s annual software and IoT monetization survey still rely on homegrown solutions. Fast innovation (SaaS, IoT, etc.)

article thumbnail

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

TechCrunch

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 potentially last round of funding. . Founded in 2015, the late-stage startup focuses on the industrial side of cybersecurity.

Industry 250
article thumbnail

Onomondo secures cash to expand its wireless network for IoT devices

TechCrunch

Onomondo , a startup offering a dedicated wireless network for internet of things (IoT) devices, today announced that it raised $21 million in a funding round led by Verdane with participation from Maersk Growth, People Ventures, and The Danish Growth Fund. A network reserved for IoT devices isn’t a novel concept.

IoT 223