German IoT platform Cumulocity acquired by Software AG for undisclosed sum

Cumulocity, a German IoT platform, has been acquired by Software AG. The terms of the deal have not been disclosed. The acquisition will boost Software AG’s position in the Internet of Things space, the firm said in a statement. Cumulocity develops a cloud-based IoT platform for managing devices and the data they collect. The two […]

Waylay raises €1.2 million to boost its “IoT orchestration” platform

Belgium’s Waylay, a platform for connecting IoT devices with enterprise IT systems and the cloud, has raised €1.2 million to invest into growth and sales and marketing. The funding round was led by PMV and Ark Angels Activator Fund (AAAF). Ghent-based Waylay’s “IoT orchestration” service, which is SIGFOX-certified, integrates IoT applications with existing IT systems […]

Machine vision startup Chronocam raises $15 million from Intel Capital and others

Paris-based Chronocam has raised $15 million in a series B round led by Intel Capital to further develop and commercialise its machine vision sensors and expand into the US and Asia. The round was announced today at Intel Capital Global Summit. iBionext, Robert Bosch Venture Capital, 360 Capital, CEA Investissement, and Renault Group also participated […]