Daily Startup News

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Britain's ARM Buys Israeli Startup Sansa:Just yesterday, ARM, the British maker of semiconductors for smartphones said they had acquired the Israeli startup Sansa Security.  Sansa makes hardware and software security technology for the Internet of things and mobile devices.  ARM plans to use Sansa’s technology to enhance security and Sansa will become ARM’s first-ever Israeli research and development center! Learn more about what Sansa will be used for here!Formation 8 and Foxconn Bet $25M on Light Startup’s High-Quality Smartphone Camera:Nearly all smartphones have cameras these days, but those cameras are still extremely limited in comparison to the average DSLR.  Light is a startup that is developing multi-lens cameras for smartphones that wants to raise our expectations for smartphone cameras.  The startup announced today that Formation 8 and Foxconn are supporting Light with $25 million!  Check out more about the the Light’s camera here!Bluesmart CEO - Crowdfunding a Travel Startup:While traveling, did you ever want to know the location of your luggage at all times just using a mobile app?  Bluesmart, a connected travel products company, is set out to crowdfund and design luggage that can do just that!  So far, Bluesmart has raised $2.1 million through Indiegogo to get its idea off the ground as well as receiving backing from Y Combinator.  Find out more about Diego Saez-Gil, CEO and co-founder of Bluesmart and his plans on crowdfunding the travel startup here!