Smart Buildings

Investment in IoT Platforms for Commercial Buildings is on the Rise

Investment in IoT platforms for commercial buildings has continued to rise unabated since 2015. With the recent flood of low cost connected building systems, advanced sensors and cloud-based data analytics software driven by machine learning, a diverse range of building management platforms aimed at energy efficiency and asset optimization are being launched. The companies described below, who have all received funding this year, exemplify the varied range of solutions which are being developed worldwide. In August 2017, Site 1001, a US developer of an artificial intelligence-driven building maintenance and management platform, raised an additional $6 million in a Series A1 funding round, bringing their total Series A to $11million. Lead investor in the Series A1 was JE Dunn Construction Company of Kansas City, Missouri, from whom Site 1001 was spun out in August 2016. The system began as a mobile facilities management platform that used the building information collected during construction to help building owners […]

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Most Popular Articles

Smart Buildings

Bringing Small Buildings into the Smart Buildings Market

The vast majority of buildings are small and not very smart, and it is their small size that limits their “intelligence” by restricting their access to smart building technology. A staggering 94% of US office space is housed in properties under 50,000 square feet, according to the latest data from Energy Star, and that proportion is […]

Security

Building Better Fire Protection with Smart Technology

The destructive relationship between fire and buildings is as old as the history of buildings themselves. Fire protection has been a key reason for the development of new materials, construction methods, and safety protocols since the earliest buildings and each major fire acts as a trigger for innovation and regulation. The response to the Great Fire […]

Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

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