IoT investment bulks up in 2nd best quarter ever

The Internet of things (IoT) continues to be an investment darling for venture funds who keep on dumping record amounts of cash into the industry. In Q1 2016, IoT startups charted their second highest funding quarter in history across all subcategories save one – wearables. According to analysis by CB Insights, investor interest in IoT continues to burn white hot for startups in Industrial IoT, healthcare IoT and general IoT.