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The 10 Hottest IoT Startups Of 2020 (So Far)

These IoT startups are making waves in the industry this year with new products and services in addition to new customer and funding milestones.

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FogHorn Systems

CEO: David King

FogHorn Systems provides an edge intelligence platform that aims to streamline artificial intelligence and machine learning workloads in edge devices.

The Sunnyvale, Calif.-based startup said in February that it had more than 100 industrial IoT use cases with dozens of customers and grew annual license bookings from last year nearly tenfold as it started signing multimillion-dollar, multiyear enterprise licenses with large industrial companies.

That momentum helped FogHorn raise a $25 million Series C round earlier this year that was led by South Korean industrial conglomerate LS Corp., with participation by return investors, which include Dell Technologies Capital, Intel Capital, Honeywell Ventures and GE Ventures.

 
 
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