A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – INDUSTRIAL IOT
- View, a smart window glass provider for buildings, raised $100M in Series G round of funding from TIAA Investments. Link
- Farmer’s Business Network, a network based big data analytics provider for farmers to increase productivity, secured a Series C round of $40M from DBL Partners, Google Ventures, KPCB, Acre Venture Partners and Bow Capital. Link
- Flutura, an IoT based big data analytics for engineering industries, raised $7.5M in Series A funding round from Vertex Ventures, Lumis Partners, and Hive Data. Link
- Vibeac, an iBeacon device based marketing solution, secured a Series B round of $3.6M from Shenzhen Capital Group. Link
- Falkonry, a provider of advanced analytical technologies for industrial equipment, raised $5.3M in a Series A round from Zetta Venture Partners, Polaris Partners, and Start Smart Labs. Link
- Smart OES, a building energy management solution provider, secures a Seed round from $1.3M. Link
- Zenatix Solutions, a smart energy monitoring and analytics provider, raised $1.2M in a Seed round from Pi Ventures and Blume VC. Link
- Ambisense, an autonomous gas monitoring technology provider, secured a Seed round of $1.1M from University Bridge Fund. Link
- DataRPM, a Big Data business intelligence solution provider for predictive maintenance, was acquired by Progress Link
SOME INTERESTING STARTUPS FOUND
Doordeck (2016, Wallington) – Device to make electronic locks smart.
I-Dripper (2016, Tel Aviv) – IoT system for soil moisture sensing & irrigation automation.
LEADER BOARD – INDUSTRIAL IOT
HEALTH CARE
Medication Adherence
Proteus Digital Health (2001, Redwood City, $404M) – Technology provider to hospitals and care givers to monitor medication intake and adherence. Backed by Silicon Valley Bank, Oxford Finance, Asset Management Ventures, Oracle, Novartis.
Propeller Health (2010, Madison, $42M) – Mobile platform and sensor for respiratory health management and medication adherence. Backed by Kapor Capital, S23P, California HealthCare Foundation, Safeguard Scientifics, 3M, SR One, Social Capital and Hikma Ventures.
Vital Sign Monitoring
iRhythm Technologies (2006, SF, IPO) – Solutions to gather data for diagnosis and treatment decisions. Went public in 2016.
Orthosensor (2006, Fort Lauderdale, $88M) – Developer of sensor based intelligent orthopaedic device. Backed by Ziegler Meditech Equity Partners, Tullis, Ziegler, Dignity Health, IMM Investment, Meditech Advisors.
RETAIL
Instore Marketing|
Swirl Networks (2011, Boston, $32M) – Proximity based mobile marketing platform provider for retailers. Backed by Softbank, Longworth Venture Partners, Hearst Ventures, Twitter Ventures, General Catalyst Partners.
Lisnr (2012, Cincinnati, $15M) – Audio based marketing and content distribution platform. Backed by Intel Capital, Mercury Fund, R/GA, Cincy Tech, Jump Capital, Progress Ventures, Serra Ventures.
Instore Analytics
RetailNext (2007, San Jose, $190M) – Real time in store analytics using Wifi and bluetooth sensors. Backed by August Capital, Commerce Ventures, StarVest Partners, Amex Ventures, Nokia Growth Partners, Qualcomm Ventures, Activant Capital, Pereg Ventures, Tyco.
Euclid (2010, Palo Alto, $44M) – Actionable shopper insights by tracking metrics like engagement. Backed by NEA, Benchmark, XG Ventures, Ulu Ventures, Triple Point Capital, Harrison Metal, Cox Enterprises.
AGRICULTURE
Farm Monitoring & Management
Farmer’s Business Network (2014, Davenport, $88M) – A network based big data analytics provider for farmers to increase productivity. Backed by DBL Partners, Google Ventures, KPCB, Acre Venture Partners, Bow Capital.
Farmers Edge (2005, Winnipeg, $44M) – Provider of precision agriculture and data management solutions. Backed by KPCB, Mitsui.
Bovine Monitoring
Connecterra (2014, Amsterdam, $2M) – Hardware and software solution provider for device connectivity. Backed by Mena Venture Investments, Dena, Breed Reply, ICT Agri Europe.
Vital Herd (2012, Austin, $798K) – Animal monitoring solution for livestock farmers. Backed by New York Angels.
MULTI INDUSTRIES
Asset Monitoring & Tracking
Samsara (2015, SF, $25M) – IoT gateway & cloud solution to record and analyze machine data. Backed by Andreessen Horowitz.
Perpetuum (2004, South Hampton, $20M) – Vibration harvesting micro-generator for gathering large amounts of information from wireless sensor nodes. Backed by ETF Partners, Quester, Spark Venture Management.
Worksite Monitoring
Precyse Technologies (2004, Atlanta, $12M) – Real time asset visibility and management. Backed by Spencer Trask Ventures.
Workforce Wearables
Atheer (2011, Mountain View, $28M) – 3D augmented reality platform to assist workforce. Backed by Streamline Ventures, Signature Capital, Rona Holdings, Funders Club, Shanda Group, Fang Group, Flextronics Lab, Mindful Investors.
Daqri (2010, LA, $17M) – Smart helmets for industrial environments. Backed by Tarsadia Investments.
Analytics
OSI Soft (1980, San Leandro, $140M) – Platform to capture, store, process and analyze sensor data. Backed by Technology Crossover Ventures, KPCB.
Uptake (2014, Palo Alto, $85M) – Provider of domain specific data analytics solutions for industries. Backed by NEA, Lightbank, Caterpillar, Peterson Partners, General Purpose Vehicles.
MANUFACTURING
SightMachine (2012, SF, $24.5M) – Analyses images from industrial cameras, data from sensors and information from factory systems to improve efficiency. Backed by Orfin Ventures, Huron River Ventures, Funders Club, Mercury Fund, Michigan eLab, O’Reily Alpha Tech Ventures, IA Ventures.
Predikto (2012, Atlanta, $8M) – Machine performance monitoring. Backed by TechOperators, Atlanta Angel, AIM Group, Fidelis Capital Markets.
SMART BUILDINGS
Viewglass (2007, Milpitas, $546M) – Smart window glass for buildings. Backed by Khosla Ventures, Sigma Partners, DBL Investors, Nano Dimension, Navitas Capital, Westly Group, GE Capital, NZ Superfund, Corning.
Enlighted (2009, Sunny Vale, $83M) – Sensor based smart lighting optimization. Backed by Intel Capital, DFJ, KPCB, Draper Nexus, Rockport Capital Partners.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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