20 May '15, 2pm

Wearables Pocket IoT Crowdfunding

Wearables Pocket IoT Crowdfunding

SAN FRANCISCO – Incubator Wearable World hosted an event to showcase the intersection of crowdsourced startups and big-name tech giants scrambling for position in this emerging sector of the Internet of Things. Held at the site of the Panama-Pacific International Exhibition -- the 1915 World’s Fair that, among other things, featured new gadgets -- Wearable World Congress brought a dozen successful hardware and services startups to San Francisco. Emotiv's wearable EEG device. Hardware startups want to build lean, Indiegogo CEO and co-founder Slava Rubin told attendees, and those startups often use crowdfunding as a way to augment their staff. Recently, venture capital firms have taken to crowdfunding platforms as a way to determine whether a startup has truly developed a product that fits a market, he said. The result may be a more robust climate for startups, as well as a ...

Full article: http://www.eetimes.com/document.asp?doc_id=1326652

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