Particle raises $20 Million Series B lead by Spark Capital to bring IoT to the enterprise

Particle announced it has secured $20 Million in Series B funding to bring its world-class IoT solutions to Enterprise companies. The round was led by Spark Capital, with participation from Qualcomm Ventures and Particle’s previous investors.

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With money pouring in, are security and RoI concerns keeping IoT in the hype zone?

Valued at one trillion dollars, the global Internet of Things (IoT) market continues to garner keen interest from innovators, receiving a record $1.4 billion in venture capital in 2016. But barriers to its adoption in the enterprise seem to keep the sector in the hype zone,

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