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 […]

UK-based Audio Analytic raises $5.5 million for sound recognition software

UK-based Audio Analytic, which uses AI to develop sound recognition technology, announced the closing of a $5.5 million Series A round. The round was led by Cambridge Innovation Capital, with participation from IQ Capital, Rockspring, Cambridge Angels and Martlet. This Series A funding follows previous rounds in 2014 and 2015, bringing the company’s total money raised to $8 million.