Startups bring digital and the Internet of Things to industries with strong assets, such as manufacturing, logistics, mining, oil, utilities, and agriculture. Industrial IoT start-ups have also won the favor of investors. For example, in the third quarter of 2016, the enterprise IoT platform C3 IoT received $70 million in Series D financing, and the connected car insurance company Metromile received China Pacific Insurance's $50 million investment in the Internet of Things. Cyber ​​security provider Bat Blue Networks has received $14 million in Series B investment, and industrial robot manufacturer Clearpath RoboTIcs has just completed $30 million in Series B financing. Trading volume of industrial Internet of Things (IIoT) investment trends The industrial Internet of Things accounted for a wave of IoT investment transactions. In 2012, the Industrial Internet of Things accounted for 35% of the IoT industry's investment transactions, but by 2013 the share fell to 26%, and since then the share has continued to grow. In 2016, the Industrial Internet of Things accounted for 39% of the IoT industry investment transactions (as of the third quarter), and 154 of the 394 investment transactions were related to the Industrial Internet of Things. Investment in Industrial Internet of Things (IIoT) investment trends The industrial Internet of Things accounts for a growing proportion of IoT investment. In 2012, the Industrial Internet of Things accounted for only 36% of the investment in the Internet of Things industry, and its share fell to 26% in 2013. Since then, it has maintained a growth trend. In 2016, the Industrial Internet of Things accounted for 40% of the investment in the IoT industry (as of the third quarter).
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