Israeli IoT technology startup PointGrab secures $5 million

Israeli machine learning and IoT technology startup PointGrab today announced that it has raised $5 million from ABB Technology Ventures, EcoMachines Ventures and Flex Lab IX. The company’s first investor and current chairman, Saar Wilf, also chipped in for the round. PointGrab’s deep learning technology targets the home and building-automation market, providing detailed information about […]

French consumer electronics startup Netatmo raises €30 million to bolster its smart home products

Paris-based consumer electronics maker Netatmo, which sells connected thermostats, weather stations and home security cameras, has secured €30 million in funding. The bulk of the cash comes from Legrand, a French industrial group that is a global leader in products and systems for electrical installations and information networks, with previous investors such as Iris Capital […]