Microsoft buys conversational AI company Semantic Machines for an undisclosed sum

May 24 2018 Microsoft announced it has acquired Semantic Machines, a conversational AI startup providing chatbots and AI chat apps founded in 2014 having $20.9 million in funding from investors. The acquisition will help Microsoft catch up with Amazon Alexa, though the latter is more focused on enabling consumer applications of conversational AI. Microsoft will use Semantic Machine’s acquisition to

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Smart baby monitor Nanit closes $14M Series B investment

May 24 2018 Smart baby monitor company Nanit raised a $14M Series B round led by Jerusalem Venture Partners (JVP). Other investors that participated include existing investors Upfront Ventures, RRE Ventures, Vulcan Capital and Vaal Investment Partners. The latest investment brings total equity funding of Nanit to $30M. Nanit Camera Nanit announced it will use the funding proceeds to expand

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Ayla Networks Adds Google Cloud Platform Support to its IoT Platform

Ayla’s device connectivity and management expertise plus GCP’s application enablement strength provide a powerful option for IoT product companies. Ayla Networks, announced today that it will integrate its IoT platform device connectivity and management technologies to Google Cloud Platform (GCP), delivering a powerful end-to-end IoT solution that enables rapid time to market and business value for companies launching connected products.

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SpotSee Provides Customers Access to Data in Real Time Through ShockTrak and SpotSee Cloud

SpotSee, the global leader in shock and vibration monitoring through low-cost connectivity and data, is looking to the future as it adds another product into the SpotSee Cloud. The ShockTrak™ Impact Recording and Satellite Tracking System combines the flagship ShockLog® 298 Impact Recorder and a satellite communications module to deliver real-time reporting on impacts and asset location. “In the future,

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Amber Solutions raises $3.3M Series A to fast track sales of its smart electrical products

May 22 2018 Amber Solutions, an IoT product company that sells smart outlets, switches and circuit breakers closed Series A Preferred Stock round of financing that equals $3.3M in gross proceeds. Amber will use the funds to support the commercial development of Amber’s core technologies. One of Amber’s product is solid-state circuit interrupter (GFCI) that basically stops harmful levels of

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AT&T and Honeywell Team Up on Connected Aircraft and Freight Solutions

AT&T Provides IoT Solutions for Honeywell’s Transportation and Logistics Offerings in the US and Abroad. AT&T and Honeywell are collaborating to deliver Internet of Things (IoT) technology to aircraft and freight solutions in countries across the globe, in Europe, North America, Latin America, Asia, Africa and Australia. AT&T’s global connectivity and IoT solutions combined with Honeywell’s technology offerings are helping

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Vesper closes $23M Series B for its sensor-based microphone: Amazon Alexa Fund among investors

May 21 2018 Vesper, the maker of piezoelectric sensors used in microphone production and winner of CES Innovation Award 2018 raised a $23M Series B round. American Family Ventures led the investment with participation from Accomplice, Amazon Alexa Fund, Baidu, Bose Ventures, Hyperplane, Sands Capital, Shure, Synaptics, ZZ Capital and some undisclosed investors. Vesper VM1000 Vesper’s innovative sensors can be

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Bsquare Secures 3-Year IoT SaaS Agreement with Fortune 100 Firm

Deployment leverages Amazon Web Services (AWS) Internet of Things services to achieve the scale, availability, and security required in business-critical IoT systems. Bsquare, a provider of Industrial Internet of Things (IIoT) solutions, today announced that it has entered into a multi-year Software-as-a-Service (SaaS) contract with a Fortune 100 firm to deliver IoT device and content management to tens of thousands

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