Earthquakes aren't just a "California thing." Below our feet, the earth moves every day, shifting and settling, as it has done since the beginning of time. That doesn't mean every single movement will result in shaking and quaking; but it does mean that the possibility of an earthquake exists, regardless of the "hotspot" tectonic plates that make headlines.

The Company will use the capital to augment its growth and scale globally, based on demand from multinational organizations

The IoT promises us an escape from uncertainty. One of the biggest reasons we want to embed sensors in our environments and operations is because with more data, we can deliver better insights.

Safehub, a startup developing an internet of things platform to monitor the structural integrity of buildings, today announced the closure of a $9 million series A round led by A/O PropTech. The company says it will use the capital to expand its platform and acquire new customers, as well as growing its engineering team.

The SEC is reportedly considering placing limits on earnings growth projections made by special purpose acquisition companies and the operating companies with which they plan to merge. That and more in startup and venture news at midweek..

HDI Group's venture capital arm Hannover Digital Investments GmbH has backed Safehub, a San Francisco-based start-up specialising in sensor-driven data analysis.

San Francisco-based Safehub , which builds sensors and analytics software to deliver real-time, building-specific earthquake damage information, has raised $9 million of Series A financing led by A/O PropTech, Europe's largest proptech VC, headquartered in London. Additional backers are Hannover Digital Investments (HDI Group) and JLL Spark, the strategic investment arm of commercial real estate services firm JLL. Existing investors Fusion Fund, Ubiquity Ventures, Promus Ventures, Bolt, Blackhorn Ventures, Maschmeyer Group Ventures, and Team Builder Ventures also contributed to the round.

Safehub betreibt eine globale Plattform, die in Echtzeit gebäudespezifische Informationen über Erdbebenschäden liefert. Hierfür nutzt das Unternehmen eine Kombination aus Sensoren, Analytik und Daten von Drittanbietern. Sensoren messen sowohl Bodenbewegungen als auch die Reaktion von Gebäuden auf Erdbeben, wie beispielsweise Änderungen der Eigenfrequenzen.

San Francisco-based Safehub has raised $9mn in a Series A funding round led by venture capital firm A/O PropTech and including a subsidiary of Talanx's HDI Group.

JLL Spark and venture capitalist A/O PropTech have invested in earthquake monitoring business Safehub. The pair, along with Hannover Digital Investors, have contributed to a $9m (£6.5m) series A fundraising by the San Francisco-based company, which builds sensors and analytics software to deliver real-time, building-specific earthquake damage information.

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North Shore Emergency Management has installed 20 earthquake seismic sensors in key municipal buildings across North Shore to record the level of ground-shaking during an earthquake.

Each year, on the third Thursday of October, the Great ShakeOut Earthquake Drill takes place. Nearly 10,000,000 U.S. participants have registered this year, and globally, there are over 17,000,000 registered participants.

GEM Secretary General John Schneider and Andy Thompson, Safehub CEO and Co-Founder signed an agreement to model the vulnerability of buildings directly from motion sensors installed in buildings.

This is the first report in an ongoing series of reviews into the topics and themes we believe will be driving technology and innovation in insurance and risk management in the future...

Safehub is transforming catastrophic risk management to improve business continuity through near-real time data assessment and communication.

Safehub's sponsorship of GEM creates an advisory relationship for the organization to pave the way for sensor data solutions for the insurance industry