Trend Micro to nurture portfolio of IoT startups through new $100 million venture fund
IT security firm Trend Micro has launched a corporate venture fund with initial investments to the tune of $100 million.
It seeks to employ this venture arm to independently invest in and provide leverage to a portfolio of startups that are brimming with new ideas and innovations in technology, especially the IoT.
Trend Micro has always aspired to extend its reach globally and ensure safe digital exchange of information. With 26 billion devices estimated to connect to the Internet by 2020, as per Gartner,...