Why Cisco, Intel, and Qualcomm are funding IoT startups?

By GIXnews

By Colin Neagle, Network World | July 7th, 2014 Cisco, Intel, and Qualcomm play a significant role in the growth of the Internet of Things startup world. Internet of Things startups have had little trouble finding seed money lately, with overall venture capital surpassing the $1 billion mark in 2013 alone, according to CB Insights.…