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Qadium raises $20M Series A led by NEA's Scott Sandell for its B2B IoT search and vulnerability detection engine (Thomas Fox-Brewster/Forbes). After acquisition by Google, Nest got "virtually unlimited budget", quadrupled employees, had no new products, caused constant bad PR, and may be for sale now (Ron Amadeo/Ars Technica).
Looking at the market more broadly, it’s hard to pinpoint the number of CSPs that have implemented NaaS, in part because not everyone hews to the same definition. TELUS is expanding its enterprise service marketplace to what CTO Ibrahim Gedeon calls a 'service delivery framework on steroids'. Verizon seeks to woo developers.
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