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Venture capital flows for industrial IoT startups – 2018’s biggest bets on Industry 4.0

A slew of enterprise funds and venture capital has been staked on the enterprise-facing internet-of-things (IoT) sector in recent months, as vendors have got a better grasp of the technology and industrialists have got a better grip of digital transformation at last. Most investments in...

IIoT start-up proclaims “internet moment” after bagging $11.3m Series A funding

The digital transformation of manufacturing is about to break big, reckons US industrial IoT and AI startup MachineMetrics, after raising $11.3 million in Series A funding for its factory analytics solution. “Now is the internet moment for manufacturing,” stated William Bither, the company’s chief executive...

Investor confidence rises as venture capital funds start to flow into IIoT market

Investor confidence in the burgeoning industrial ‘internet-of-things’ (IIoT) market is up, reckon industry commentators. A slew of enterprise funds and venture capital has been staked on the sector’s growth in recent months, as vendors have got a better grasp of the technology and industrialists have...