Mobkard, a location-based mobile loyalty solutions provider and part of the first batch of startups of tech incubator Ideaspace, announced on Tuesday, July 28, that it has successfully concluded a new P17-million round of funding led by digital signage firm Globaltronics.
The Internet of Things (IoT) is turning many manufacturers of "things" into first-time software vendors that need licensing and entitlement management (LEM) solutions, according to analyst firm Gartner.