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South Korean proptech startup Zigbang acquires Samsung SDS’ smart home IoT business

TechCrunch

Zigbang , a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS’ home internet of things (IoT) unit to make a foray into the smart home industry. . Zigbang has been on an acquisition-expansion spree since 2018.

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Memfault raises $24M to help companies manage their growing IoT device fleets

TechCrunch

At the same time internet of things (IoT) devices and embedded software are becoming more complex, manufacturers are looking for ways to effectively manage the increasing volume of edge hardware. According to Statista, the number of consumer edge-enabled IoT devices is forecast to grow to almost 6.5

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Window Snyder’s new startup Thistle Technologies raises $2.5M seed to secure IoT devices

TechCrunch

The Internet of Things has a security problem. The past decade has seen wave after wave of new internet-connected devices, from sensors through to webcams and smart home tech, often manufactured in bulk but with little — if any — consideration to security. Thistle lands on the security scene at a time when IoT needs it most.

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Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

.” De Gruchy — who has a fascinating history, having studied cage fighting and served as an army officer before pivoting to a quieter, white-collar career in due diligence analysis — founded Infogrid in 2018. The growing number of competitors coincides with an uptick in VC investments in IoT companies.

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Edge Computing and the Industrial Internet of Things in 2019

CTOvision

Read Sastry Malladi take a look at how edge computing and industrial Internet of Things will fare in 2019 on RFID Journal : The year 2018 was formative for Industrial Internet of Things (IIoT) technologies and deployments.

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IoT security market to reach $35.2 bn by 2023: Report

CTOvision

According to a new market research report published by MarketsandMarkets, the global Internet of Things (IoT) Security Market size is expected to grow from USD 8.2 billion in 2018 to USD 35.2 billion by 2023, at CAGR of 33.7 percent during the forecast period.

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

The dynamics that play into this forecast, aside from the impact of COVID, include a youthful population (the youngest globally), rising smartphone adoption and internet penetration that has led to a burgeoning tech ecosystem backed by local and international VC dollars. Here are a few interesting points from the newly-launched report.

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