BROWSING: CityIQ

US-based IoT provider Ubicquia has entered a new $25 million debt and working capital facility with Silicon Valley Bank (SVB). The facility will be used to accelerate growth, facilitate larger supply chain commitments and manage working capital requirements driven by increasing orders from OEM...

  U.S. firm Ubicquia, which specializes in smart streetlight and smart city platforms, announced that it has acquired CityIQ. Ubicquia is buying all CityIQ's assets, including technology, related patents and contracts with major customers and cities across the U.S. and Canada. CityIQ, owned by GE Current,...

As more "smart city" deployments come to life, city officials are increasingly seeking to get beyond the basics of connecting sensors and video cameras and thinking more about how to make the best use of the data coming from connected devices. This is part...