Internet of Things Venture Funding White Hot
Venture funds are investing record amounts into the Internet of Things companies. In 1Q16, Internet of Things startups charted their second highest funding quarter in history across all subcategories save one – wearables.
“The first quarter of 2016 is one of the strongest quarters for the IoT yet in funding terms at $846M in financing, second only to Q2 2015,” said Nicholas Pappageorge, Tech Industry Analyst with CB Insights. The latest quarter charted 31% growth in dollar value over the previous quarter.The research shows the Internet of Things is touching all types of business and use cases across consumer to industrial verticals.
This is a continuation of the trend noted in Accredent's January 25th presentation at the 2016 IoTFuse kick-off event in Minneapolis. Internet of Things M&A Skyrocketed
Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy and M&A engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business cases and use cases.
Accredent has been successful partnering with business leaders of corporations and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com