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We invest in founders with a passion for the disruptive force of a connected world. Center Electric believes that the Internet of Things (IoT) is the most revolutionary expansion of computing since the dawn of the personal computer. The Things themselves are a bellwether of the Internet's Third Wave.
The First Wave was the prevalence of desktop connectivity. The Second Wave was the rapid connection of more screens, including laptops, mobile and tablets. The Third Wave is the expansion of connectivity to everything else, for both industrial and consumer use. Early indicators of this are the rise of cloud computing, the development of low power wireless technologies, and the initial rise of connected objects.
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