Apple announced it has awarded $45 million from its Advanced Manufacturing Fund to Corning Incorporated, a supplier of precision glass for iPhone, Apple Watch, and iPad. The funding will expand Corning’s manufacturing capacity in the US and drive research and development into innovative new technologies that support durability and long-lasting product life, building on both…
Tag: Jeff Williams
Illusive Networks raises $24 mn in Series B1 funding round, announces key appointments
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•Illusive Networks, a New York-based leader in active cyber defense and deception solutions, announced it has raised $24 million in Series B1 round of funding. New investors alongside existing investors – Spring Lake Equity Partners, Marker, New Enterprise Associates, Bessemer Venture Partners, Innovation Endeavors, Cisco, Microsoft, Citi and others participated in the fresh funding round. …
Johnson Controls picks up remaining stake in Qolsys
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•Johnson Controls announced that it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. Post acquisition, the Qolsys founders and leadership team will remain in Silicon…