News of SoftBank’s planned £24 billion purchase of ARM—a designer of processors used in powering IoT networks, among other things—started this week off with a bang. And while some argue the deal will have a negative impact on British tech, there is an upside for founders and investors alike: the credence it lends to the fledging IoT market.
Corporations have been leading the way recently, with three of the top five VC investors in IoT since the beginning of last year being CVCs. Perhaps the price tag on the ARM deal will catch the eye of more traditional firms and lead to more investment in the quarters to come.
Here are the 11 most active VC investors in IoT since the beginning of 2015, along with their investment counts: