IFTTT (If This Than That), a web-based software that automates and connects over 600 online services/software raised a $24M Series C led by Salesforce. Other investors include IBM and the Chamberlain Group and Fenox Venture Capital.

The latest round brings IFTTT’s funding to $63M and it will use the funding proceeds to provide integration for enterprise and IoT services and hiring. In IFTTT’s platform, applets are code/script users need to deploy to integrate two or more services (such Google Drive’s integration with Twitter/Facebook).

Investment in IFTTT reveals that Salesforce is consolidating its presence in enterprise IoT space. It also acquired Mulesoft, an integration platform that rivals Microsoft’s BizTalk.

IBM’s investment in IFTTT is also noteworthy as the former is pushing its IBM Watson IoT platform. The following statement also shows its keen interest in IFTTT.

Other recent investments in IoT companies include $30M Series B of Armis and Myriota's $15M for its IoT satellite-based connectivity platform.

For latest IoT funding and product news, please visit our IoT news section.

Owlet, a connected-baby care company raised a $24 million Series B investment from Trilogy Equity Partners, with participation from existing investors, including Eclipse Ventures, Broadway Angels, and Enfield Ventures, and the addition Pelion Venture Partners.

Owlet’s core product is a baby sock that contains a smart sensor. The sensor monitors pulse oximetry, a technology used in hospitals to measure an infant's heart rate and blood oxygen levels. The vital signs are communicated to parents’ smartphone via Bluetooth connection. The product retails for $299 and parents can also choose from monthly payment plans.

Other IoT-health startups using sensors to monitor vital signs include Aifloo, a company selling wrist-bands for elders and Air by Propeller, a smart health company that provides an API to predict local asthma conditions.

A complete product package of Owlet monitor includes three fabric socks, smart sock sensor, a base station (which rings an alarm if a baby’s vital signs are abnormal), and charging cords.

Before the company raised the latest round, it closed a $15 million Series B round in late 2016. The recent investment brought Owlet’s total equity funding to $46M. Owlet plans to use the growth capital to launch more baby care products.

Vesper, the maker of piezoelectric sensors used in microphone production and winner of CES Innovation Award 2018 raised a $23M Series B round. American Family Ventures led the investment with participation from Accomplice, Amazon Alexa Fund, Baidu, Bose Ventures, Hyperplane, Sands Capital, Shure, Synaptics, ZZ Capital and some undisclosed investors.

Vesper’s innovative sensors can be used in consumer electronics like TV remote controls, smart speakers, smartphones, intelligent sensor nodes, and hearables. The company will use the funding proceeds to scale-up its functions like mass production of its microphones and support expanded research and development, hiring, and establishing international sales offices.

The main product of Vesper is VM1000, a low noise, high range,single-ended analog output piezoelectric MEMS microphone. It consists of a piezoelectric sensor and circuitry to buffer and amplify the output.

The hot-selling product of Vesper is VM1010 with ZeroPower Listening which is the first MEMS microphone that enables voice activation to battery-powered consumer devices.

The unique selling point of Vesper’s products is they are built to operate in rugged environments that have dust and moisture.

"Vesper's ZeroPower Listening capabilities coupled with its ability to withstand water, dust, oil, and particulate contaminants enables users that have never before been possible," said Katelyn Johnson, principal of American Family Ventures. "We are excited about Vesper's quest to transform our connected world, including IoT devices."

Other recent funding news include $24 raised by sensor-based baby sock maker Owlet, IFTTT banks $24M from Salesforce to scale its IoT Enterprise offering, and Intel sells its Wind River Software to TPG.

Smart baby monitor company Nanit raised a $14M Series B round led by Jerusalem Venture Partners (JVP). Other investors that participated include existing investors Upfront Ventures, RRE Ventures, Vulcan Capital and Vaal Investment Partners. The latest investment brings total equity funding of Nanit to $30M.

Nanit announced it will use the funding proceeds to expand its team of computer vision and machine learning engineers and grow its sales in Europe and Canada.

Nanit’s baby monitor helps new parents oversee nursery conditions as it has built-in temperature and humidity sensors. The camera lets parents remotely monitor baby’s crib whereas sound and motion are detected via smart sensors.

The monitor’s insights can be accessed via an accompanying mobile app. Nanit charges $10 per month for its premium package.

The key use cases of Nanit’s baby monitoring technology include sleep insights, behavioral analysis, expert guidance, and nightly video summaries. The company currently sells its smart monitors via its website.

Siemens Building Technologies division announced it will acquire Enlighted Inc., a smart IoT building technology provider. The transaction is expected to close in Q3’18.

Enlighted Inc.’s core element is an advanced lighting control application. It is based on a patented, software-defined smart sensor that collects and monitors real-time occupancy, light levels, temperatures and energy usage.

The sensor can gauge temperature, light level, motion, energy, and has Bluetooth connectivity.

The Enlighted system works by collecting temperature, light and motion data via its smart sensors. A gateway device carries the information to Energy Manager, a secure browser-based interface to create profiles and adjust settings of the entire Enlighted Advanced Lighting Control System. The Energy manager operates as an analytics device.

The whole system consists of multi-function sensors, distributed computing, a network, and software applications run by Enlighted Inc.

Enlighted Inc.’s main target market is commercial real estate. Key use cases of its intelligent Lighting Control System are energy efficiency, controlling heating, ventilation and air conditioning, and building utilization reports.

Use the Postscapes 'Connected Products Framework' to understand the smart home and buildings eco-system.

Winds are from the West at 12.7 gusting to 25.3 MPH (11 gusting to 22 KT). The pressure is 1011.0 mb and the humidity is 34%. The wind chill is 38. Last Updated on May 9 2020, 11:51 am EDT.

Winds are from the West at 11.5 gusting to 19.6 MPH (10 gusting to 17 KT). The pressure is 1008.2 mb and the humidity is 52%. The wind chill is 28. Last Updated on May 9 2020, 11:53 am EDT.

1 Seychellois Rupee = 14.5837 Yemeni Rial

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1 Trinidad and Tobago Dollar = 37.051 Yemeni Rial

1 Trinidad and Tobago Dollar = 1.478 Venezuelan Bolivar Fuerte

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1 Trinidad and Tobago Dollar = 15.6935 Kenyan Shilling

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1 Trinidad and Tobago Dollar = 1.0469 Chinese Yuan Renminbi

1 Trinidad and Tobago Dollar = 9.8368 Argentine Peso

Winds are from the West at 12.7 gusting to 36.8 MPH (11 gusting to 32 KT). The pressure is 1006.9 mb and the humidity is 34%. The wind chill is 31. Last Updated on May 9 2020, 11:53 am EDT.

1 Swedish Krona = 25.6219 Yemeni Rial

1 Swedish Krona = 1.0221 Venezuelan Bolivar Fuerte

1 Swedish Krona = 0.3478 Peruvian Nuevo Sol

1 Swedish Krona = 5.8153 Macedonian Denar

1 Swedish Krona = 43.1841 Kazakhstan Tenge

1 Swedish Krona = 10.8525 Kenyan Shilling

1 Swedish Krona = 10.9166 Japanese Yen

1 Swedish Krona = 0.7239 Chinese Yuan Renminbi

1 Swedish Krona = 6.8024 Argentine Peso

1 Slovak Koruna = 11.2751 Yemeni Rial

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1 Slovak Koruna = 0.1531 Peruvian Nuevo Sol

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1 Slovak Koruna = 4.7757 Kenyan Shilling

1 Slovak Koruna = 4.8039 Japanese Yen

1 Slovak Koruna = 0.3186 Chinese Yuan Renminbi

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1 Serbian Dinar = 0.0921 Venezuelan Bolivar Fuerte

1 Serbian Dinar = 0.0313 Peruvian Nuevo Sol

1 Serbian Dinar = 0.524 Macedonian Denar

1 Serbian Dinar = 3.8909 Kazakhstan Tenge

1 Serbian Dinar = 0.9778 Kenyan Shilling