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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
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Applications and innovations in the Internet of Things (IoT)

Hacker Earth Developers Blog

The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. IoT ecosystems consist of internet-enabled smart devices that have integrated sensors, processors, and communication hardware to capture, analyze, and send data from their immediate environments.

IoT 283
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Ford’s high-tech business transformation, fueled by cloud

CIO

Fueled by cloud Ford’s cloud journey, which began roughly a decade ago, continues to this day, Musser says, as the automaker seeks to take advantage of advances in the key technologies fueling its transformation, including the internet of things (IoT), software as a service, and the latest offerings on Google Cloud Platform (GCP).

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PQShield raises $20M for its quantum-ready, future-proof cryptographic security solutions

TechCrunch

Quantum computing promises to unlock a new wave of processing power for the most complex calculations, but that could prove to be just as harmful as it is helpful: security specialists warn that malicious hackers will be able to use quantum machines to break through today’s standards in cryptography and encryption.

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An Intelligent Future for Manufacturing

CIO

In the automotive sector for example, the advent of autonomous vehicles has resulted in burgeoning demand for computing power, cloud storage and network bandwidth. Another leading manufacturer, BYD , first entered the automotive market in 2003. One such automaker is China’s First Automobile Works (FAW).

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What to expect from cybersecurity in 2023

Capgemini

What to expect from cybersecurity in 2023 Geert van der Linden 20 Dec 2022. As we enter 2023, it goes without saying that cybersecurity teams have a lot on their plate, and you’d be forgiven for feeling we live in an age of permacrisis. In response, more organizations are waking up to the value of cybersecurity investment.

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The Week’s 10 Biggest Funding Rounds: Applied Intuition And Luminary Cloud Rise Above

Crunchbase News

Of course there were more big AI-related rounds (the haves) but also a couple of big raises from some sectors that had been eschewed by investors not that long ago — autonomous vehicles and industrial security (the have-nots). Nozomi Networks , $100M, cybersecurity: Things are looking up for industrial cybersecurity startups.

Biotech 95