C3 IoT Sees The Fourth IT Revolution

Investments for 9-5-2016 In investing, whether across equities, private placements or venture capital activity, no one likes the term “anemic.” But that may be the appropriate term — at least, in describing the latest documentation of fund flows through our Investment Tracker. The total investment activity came down to a less-than-impressive $204 million, which pales in comparison to past weeks when we’ve seen $1 billion or more. Of that figure, 71 percent, or $145 million, came from the FinTech sector, with the biggest deal, at $119 million, tied to OfferUp, a Craiglist.com rival, raised through Warburg Pincus and also GGV Capital. The money just raised brings the cumulative funds raised by the firm to as much as $210 million. SessionM followed quite a bit down the totem pole, with fundraising…

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