Mirion’s Binary Code ‘bCODE’ brings a new way of communication
380일 전

Start-up company ‘Mirion’ is now developing ‘bCODE’. bCODE is a binary code which can be written by hand for management of online and offline data collectively, it is also a way of providing internet connection to different products.   bCODE is similar to QR code, but there are some big differences. QR code is a distributor focused system. Usually, only big companies uses printed QR codes for commercial purposes. bCODE however, is a two-way…

Cyber Security Predictions for 2015: Were the Experts Right?
  ·  475일 전

About this time last year, experts and analysts all placed their official predictions for the cyber threat landscape in 2015. Now that a year has come and gone, it would be interesting to see if these so called analysts were correct. Today, we will review some of the most common web security trends that experts thought would be a major issue in 2015. As a reference, Symantec developed an excellent infographic that…

Daliworks Raises $2M from Strategic Investor

Daliworks, an unique IoT platform service provider in Korea, announced an investment of US$ 2 million from Strategic investor. Strategic investor has made this investment to Daliworks for its exponential growth in IoT cloud platform, ThingPlus(Thing+), and will expand its IoT market with differentiated product portfolio and competitiveness. Daliworks IoT platform will expand its business to global market by providing SaaS based IoT platform and ready to use and customer friendly service….

Korean IoT Startup, Encored secures $10m investment for Energy monitoring IoT from Soros Fund
529일 전

Encored Technology has secured a US$10m (KRW 1.17b) investment from QSP which is run by Soros Fund Management. The company is a specialist in Internet of Things (IoT) and big data analysis with a particular focus on technology that assists in energy conservation. Encored Technology will utilize the investments towards developing their market presence in USA and Japan. A key factor for QSP in this investment was Encored Energy’s big data technology…

Nthing a Korean agriculture IoT startup receives investment from Korea Development Bank
538일 전

Nthing, a developer of Agriculture IoT (Internet of Things) that connects Plants to People has recently secured investment of US$1.7m (KRW 2b) from KDB Bank (Korea Development Bank). The aim for Nthing seems to be to connect all things ranging from ‘things to things’, ‘things to people’, and ‘people to people’. Their ‘plant to people’ connection solution is named Planty. Planty is a neat pot for plants that is just 170mm high…

Amore Pacific invests into Korean IoT beauty startup, Way Wearable
602일 전

Way Wearble, the developer of ‘Way’ the world’s first skin care IoT solution has received an investment from Amore Pacific which is Asia’s leading cosmetics·beauty corporation. Way Wearable is preparing for mass production and service development of Wave with the planned global launch to occur later this year. The investment amount has not been disclosed. Way Wearable first is the world’s first to incorporate IoT (Internet of Things) in skin care. The technology…

K Cube Ventures invests into Air Quality IoT BitFinder
637일 전

On the 26th August, ‘K Cube Venture’ specialists in mobile, internet and technology investments, confirmed a US$700 k investment into BitFinder.  BitFinder is a startup providing an Indoor Air Quality (IAQ) monitoring and control system solution.  This solution is Awair and allows users to be ‘Aware’ of the ‘air quality by determining what bits (particles) are in the air.  It does this through a concept called Internet of Things (IoT). Internet of Things (IoT) is…

Korean Government Plans Easing of Fintech and IoT Regulations To Encourage Growth
891일 전

As reported by Business Korea, the  Korean government recently announced that it plans to relax regulations on new innovation-driven industries, including as financial technology (fintech) and the Internet of Things (IoT). This is a positive regulatory signal for local startups in these industries that have struggled against regulation. It also bodes well for the new startup accelerator in Seongdo, that will run its first hardware / IoT / Smart home program in 2015. At…

Is Korea On The Verge of an IoT Boom? beSUCCESS Aims To Find Out
921일 전

Korea has traditionally been a powerhouse of manufacturing. Samsung, LG and Hyundai are formidable players in their respective industries globally and there are a myriad of smaller domestic companies that either support the big boys or have carved out their own niche. However, Korea has not traditionally been strong in software development, and this is now a national focus. From government directives, corporate strategy and a new breed of Korean tech startups,…

The World’s Most Wired ‘Smart City’ Partners with SparkLabs’ Internet of Things Program
930일 전

SparkLabs, one of Korea’s leading accelerators, has signed a partnership agreement with the company behind South Korea’s $35 billion Songdo International Business District to launch their new Internet of Things (IoT) Accelerator in Songdo in early 2015. Songdo International Business District (Songdo IBD) is a $35 billion “smart” city built on 1,500 acres (6 sq km) of reclaimed land.  Located adjacent to Incheon International Airport on the western coast of the Korean… Raises $3M Seed Round Led By Andreessen Horowitz, Eyes Opportunity In Korea

As reported by TechCrunch, natural language platform has announced a $3M seed round led by Andreessen Horowitz in a deal that has emerged shortly after the team graduated from Y Combinator. The company is tackling a need for smart speech recognition and natural language processing services, which are becomming a thriving industry thanks in part to the boom in IoT technologies. offers developers an API for building natural language interfaces. For startups that currently…

Healthcare Wearables Startup YBRAIN, From Seoul, Raises $3.5M In Series A Funding

Healthcare wearables startup Ybrain announced today it closed on $3.5 million in Series A funding in a round led by Stonebridge Capital bringing company’s total raise to $4.2 million. The Korea-based startup, founded in Feb 2013 by a Caltech neuroscientist and Samsung engineers, offers healthcare wearables for Alzheimer’s disease patients. Ybrain is a brain signal based wearable device start up building mobile health and wellness solution platform for the healthy and impaired….

Cisco Aggressively Expanding Into Korea, Plans Long Term Agreements with KT and Samsung
1165일 전

KT – Cisco team up for 5G network Korean telecommunications giant KT said recently that it aims to jointly develop a fifth-generation (5G) network with Cisco Systems under new corporate initiatives being pursued by KT CEO Hwang Chang-gyu. “While 5G is still just a concept rather than a reality, you should keep in mind that being proactive means thinking and acting ahead of anticipated trends,” said a KT executive. The remarks come…