Mattermark Pro, which combines artificial intelligence with data quality analysis, has provided key insights into developments in the IoT landscape and the top Internet of Things (IoT) start-ups in 2015. The Bay Area dominated, boasting 48 of the top IoT start-ups, while five were in Boston, three in Los Angeles and Toronto, and two in Dallas, Paris and San Diego. “Boston is a great place to start because it’s home to many companies that are doing interesting things on this front,” said Michael J. O’Leary, chief executive officer at Mattermark. combined was $1.6B or 26% of all funding in the top 100 IoT start-ups, which currently totals $6.19B. As of today, 31 are in late stage funding cycles. Defining The Top 100 Internet of Things Startups To find the top 100 IoT startups, an initial query requesting all startups active in the IoT market was completed. Data was taken from over 1 million private companies, over 470,000 employee data, and over 100,000 funding events.
Mattermark Pro, which combines artificial intelligence with data quality analysis, has provided key insights into developments in the IoT landscape and the top Internet of Things (IoT) start-ups in 2015. The Bay Area dominated, boasting 48 of the top IoT start-ups, while five were in Boston, three in Los Angeles and Toronto, and two in Dallas, Paris and San Diego. “Boston is a great place to start because it’s home to many companies that are doing interesting things on this front,” said Michael J. O’Leary, chief executive officer at Mattermark. combined was $1.6B or 26% of all funding in the top 100 IoT start-ups, which currently totals $6.19B. As of today, 31 are in late stage funding cycles. Data was taken from over 1 million private companies, over 470,000 employee data, and over 100,000 funding events.