Design-software makers, Autodesk, has announced the launch of a $100m venture capital fund for Internet of Things start-ups, as part of its effort, Forge, to create an open-access platform for developers and designers to access both cloud and local versions of the software. The company's IoT effort is built on its acquisition of Autodesk Inc. in August, a remote device management platform, which is being integrated into Autodesk's design offering. The company announced a similar investment fund in October, offering $100m to nascent 3-D printing start-ups.
Design-software makers, Autodesk, has announced the launch of a $100m venture capital fund for Internet of Things start-ups, as part of its effort, Forge, to create an open-access platform for developers and designers to access both cloud and local versions of the software. The company's IoT effort is built on its acquisition of SeeControl in August, a remote device management platform, which is being integrated into Autodesk's design offering. The company announced a similar investment fund in October, offering $100m to nascent 3-D printing start-ups.