The "Internet of Things" (IoT) category is starting to mature in terms of startup investments, according to a new report from Silicon Valley venture capital firm Wing.
Why it matters: Like any other trendy area of tech, IoT is in the midst of its own hype cycle, so it's important to get a more detailed picture of how the money is flowing.
In short: More money into fewer companies, with an emphasis on automotive and health tech. Investment in security-related IoT startups remains lacking.
Data: wing.vc; Chart: Lazaro Gamio / Axios