Enterprise Iot, Industrial IoT
businesswire | July 13, 2023
A leading player in the Cellular IoT ecosystem, Cavli Inc. (brand name “Cavli Wireless” or “Cavli”) announced the closure of its $10 million Series A round from global investors. The round is led by Chiratae Ventures and Qualcomm Ventures. In addition, a major US technology conglomerate also participated in the round.
Cavli Wireless designs and manufactures cellular modules in 4G and 5G technologies with integrated eSIM and global connectivity. Cavli began its journey in 2017, when co-founders, John Mathew, Ajit Thomas, Tarun Thomas George, and Akhil A Zeeb, aligned on the simple yet powerful mission that IoT should be made simple, seamless, and global. Cavli has now evolved into a global team spread across four continents, delivering IoT solutions to product makers from 30+ countries. Cavli has been a global company from day one and already operates across the US, India, Spain, Vietnam, the UK, France, Italy, Turkey, and Germany.
“This Series A will enable us to strengthen our position in the global IoT market by expanding our product portfolio, enhancing R&D capabilities, and growing our international presence. Cavli plans to invest in cutting-edge technologies, such as 5G with edge processing capabilities, to address the automotive and industrial sectors globally. With our platform solution, Cavli Hubble tightly integrated with our hardware portfolio, we are pretty confident that Silicon to Cloud integration in its true sense is now a reality,” said John Mathew, CEO of Cavli Wireless.
Tarun Thomas George, COO of Cavli Wireless, added, “We are delighted to welcome such a distinguished group of global investors on board, who resonate completely with our vision. Our team is united by a passion for developing and delivering innovative IoT technologies that can drive transformative changes to our customers, and with this investment, we are poised to accelerate the pace of that change.”
TCM Sundaram, Founder, and Vice Chairman, Chiratae Ventures, shared, “Cavli Wireless has demonstrated a strong commitment to innovation and customer success, positioning the company as a leader in the intersection of Mobility & IoT space. We are excited to support Cavli's vision and believe their unparalleled IoT connectivity expertise will enable them to become an indispensable partner for businesses worldwide.”
“With the growing penetration of 5G and increasing demand for IoT-enabled applications across industries, the need for solutions that help customers accelerate development and deployment of IoT products has become essential,” said Quinn Li, Senior Vice President of Qualcomm Technologies, Inc. and global head of Qualcomm Ventures. “Cavli Wireless’ intelligent solution integrates modem hardware, connectivity, and device management into a single platform helping businesses easily deploy their IoT products. We’re excited to invest in Cavli Wireless to support IoT adoption and connectivity at the edge.”
This investment comes at a time when the global IoT market is experiencing rapid growth, with the number of connected devices projected to surpass 30 billion by 2025. Cavli’s comprehensive suite of IoT connectivity solutions, backed by its connectivity management cloud platform - Cavli Hubble, provides businesses with the infrastructure needed to harness the power of IoT, driving digital transformation and creating new opportunities for growth.
About Cavli Inc.
Cavli Inc., headquartered in San Jose, California, is revolutionizing the cellular IoT industry with its disruptive hardware and cloud solutions. The company develops a wide range of cellular IoT modules that feature in-built cloud and connectivity solutions to simplify IoT design, development, and deployment for customers. All of Cavli’s smart cellular modules come with eSIM integration and access to the proprietary cloud-based platform, Cavli Hubble, which provides centralized subscription management and simplified device management, along with affordable global LTE, LPWAN, and 5G connectivity out-of-the-box. Cavli’s commitment to quality and innovation has earned it a reputation as a trusted partner for businesses worldwide seeking to unlock the full potential of IoT.
Enterprise Iot, Software and Tools
businesswire | July 12, 2023
Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices today, is announcing that it has onboarded a new smartphone maker as a customer. The new smartphone customer will utilize Elliptic Labs’ AI Virtual Proximity Sensor™ INNER BEAUTY® as its proximity detection solution in their future smartphone designs.
“Elliptic Labs’ technological leadership with AI, ultrasound, and sensor fusion is leading us to win over more smartphone makers,” said Elliptic Labs’ CEO Laila Danielsen. “It is exciting to see that our 100% software-based AI Virtual Smart Sensor Platform™ is delivering on our mission deliver greener, safer, and more human friendly devices.”
AI Virtual Smart Sensor, AI Virtual Human Presence Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.
All other trademarks or service markets are the responsibility of their respective organizations.
AI Virtual Proximity Sensor INNER BEAUTY
Elliptic Labs’ AI Virtual Proximity Sensor detects when a user holds their phone up to their ear during a call, allowing the smartphone to turn off its display and disable its screen’s touch functionality. This keeps the user’s ear or cheek from triggering unwanted actions during the call, such as hanging up or dialing numbers. Turning off the screen also helps conserve battery life.
Proximity detection is a core capability that is used in all smartphones, but Elliptic Labs’ AI Virtual Proximity Sensor is a unique, software-only solution that delivers robust proximity detection without the need for a dedicated hardware sensor. By replacing hardware sensors with software sensors, the AI Virtual Proximity Sensor reduces device cost and eliminates sourcing risk.
About Elliptic Labs
Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. Founded in 2006 as a research spin-off from Norway’s Oslo University, the company’s patented software uses AI, ultrasound and sensor fusion to deliver intuitive 3D gesture, proximity-, presence-, breathing- and heartbeat-detection experiences. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, human-friendly and already deployed in hundreds of millions of devices around the world. Elliptic Labs is the only software company that has delivered detection capabilities using AI software, ultrasound, and sensor fusion deployed at scale. The company joined the Oslo Børs main listing in March 2022.
businesswire | August 24, 2023
Forescout, a global cybersecurity leader, today announced integrations with Microsoft Sentinel as part of a broader initiative to support the Microsoft Security portfolio. These integrations will deliver real-time visibility, threat management, and incident response across the extended enterprise: campus, datacenter, remote workers, cloud, mobile, IoT, OT and IoMT endpoints.
The continued rise in severity, sophistication, and number of cyberattacks has shown that many organizations’ current disparate cybersecurity frameworks and tools are insufficient. Understaffed security operations centers (SOCs), a proliferation of unmanaged devices, and newly discovered and exploitable vulnerabilities on legacy systems compound and exacerbate the risk and likelihood of a breach. Sophisticated adversaries are targeting increasingly complex, heterogenous compute environments while security teams are inundated by false positives, and threats that get missed, aren’t properly prioritized, or aren’t responded to appropriately.
Forescout helps enterprises continuously identify and classify every connected asset type – IT, OT, IoT and IoMT, managed, unmanaged or un-agentable – and enable the automated enforcement of appropriate security and compliance measures to reduce risk.
"We’re proud to join the Microsoft Intelligent Security Association (MISA) through our integration with Microsoft Sentinel, to provide customers with a comprehensive and holistic approach to cybersecurity,” said Barry Mainz, CEO of Forescout. “With this integration, Forescout helps security teams more deeply understand the risks within their network, helps mitigate cyber-attacks, and most crucially, helps them respond rapidly and accurately if one does occur."
Microsoft’s Sentinel platform adds a crucial layer of automated intelligence by delivering an impactful and automated way to drastically improve the signal to noise ratio security teams are grappling with daily.
Forescout’s new comprehensive integration with Microsoft Sentinel along with long standing touch points to Microsoft’s broad Enterprise suite of solutions provides joint customers with real-time device context, risk insights, and automated mitigation and remediation capabilities that will improve overall security response times to incidents and events. This enables customers to remove complexity from the incident response process by leveraging Forescout’s automation and AI to quickly make contextual decisions to improve security or mitigate a cyber-incident.
The benefits of the Forescout integration with Microsoft include:
Faster mean time to respond (MTTR): Enables orchestration of host-based remediation through Microsoft Defender, via integrations with Microsoft Sentinel along with network-based response via Forescout, to accelerate mean-time-to-respond for the SOC.
Comprehensive, real-time asset discovery and inventory:Provides a holistic 360-degree view of their enterprise environment. This includes valuable device context such as logical and physical network location, risk exposure, device identity, and taxonomy.
Asset Lifecycle Management:Automatically assess posture and enforce compliance, identify known vulnerabilities and indicators of compromise, quarantine at-risk devices, remediate problems, and allow endpoints back onto the network with appropriate network segmentation policies, all enforced from a single platform. An ideal set of capabilities to supplement “comply to connect” initiatives with a proven ability to never lose asset context at any stage of the process.
Attack Surface and Automated Threat Management:Real-time risk assessment and remediation of endpoint posture to harden devices, segmentation policies to enforce least-privilege network connectivity, automated detection and quarantine controls that together enable a true Zero Trust architecture.
“Microsoft Sentinel brings together data, intelligent analytics, and workflows to unify and accelerate threat detection and response across the enterprise. With Microsoft Sentinel Content hub customers gain access to robust built-in and partner published content and solutions with the click of a button. We are thrilled to collaborate with partners like Forescout, to develop valuable and innovative content for our users,” said Rob Lefferts, Corporate Vice President, Modern Protection and SOC.
Forescout Technologies, Inc., a global cybersecurity leader, continuously identifies, protects and helps ensure the compliance of all managed and unmanaged connected cyber assets – IT, IoT, IoMT and OT. For more than 20 years, Fortune 100 organizations and government agencies have trusted Forescout to provide vendor-agnostic, automated cybersecurity at scale. The Forescout® Platform delivers comprehensive capabilities for network security, risk and exposure management, and extended detection and response. With seamless context sharing and workflow orchestration via ecosystem partners, it enables customers to more effectively manage cyber risk and mitigate threats