Portrait de Mikel Orobengoa

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ISEA

GE’s $1 Billion Software Bet: To protect lucrative business servicing machines, GE turns to the industrial Internet.

To understand why General Electric is plowing $1 billion into the idea of using software to transform industry, put yourself in the shoes of Jeff Immelt, its CEO.

As recently as 2004, GE had reigned as the most valuable company on the planet. But these days, it’s not even the largest in America. Apple, Microsoft, and Google are all bigger. Software is king of the hill. And, as Immelt came to realize, GE is not that great at software.

Meet Sensibo: The Attachment That Will Revolutionize Your Aircon

If it weren’t for Willis Carrier’s invention of the air conditioner in 1902, the scorching hot summer months in warm climate countries would be close to unbearable. So it’s is only fitting that the latest innovation in the realm of air conditioning would come from Israel.

Meet Sensibo, the greatest thing to happen to climate control since the introduction of the remote-controlled AC.

Mobileye Planning Largest IPO In Israel’s History, At $3.5-5B Valuation.

It’s often claimed that Israeli startups are only in pursuit of a quick exit. However, a recent wave of multi-million dollar IPOs by Israeli startups puts a dent in that stereotype.

A hot ticket in the Israeli IPO rumor mill is Mobileye, which, according to the Wall Street Journal, is trying to raise $1 billion on NASDAQ at a company value of up to $5 billion.

UK Home Cleaning Startup Housekeep Raises $1M To Take On Hassle, Homejoy, Mopp And Others.

The UK home cleaning market continues to lather up. Hot on the heels of Hassle.com’s $6 million fund-raise from Accel Partners, local rival Housekeep is announcing it’s closed a $1 million investment led by Pentland Group (majority owner of JD Sports and numerous other major brands), with participation from a number of angel investors including Brett Akker and Justin Peters, the founders of Streetcar (acquired by Zipcar) and Kabbee, respectively.

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