Hardware has made a comeback in Silicon Valley, as evidenced by the crowded Maker Faire events (coming up in San Mateo, California from May 18 to May 20) to the recent HardwareCon event in San Jose.

Conductive Ventures recently raised $100 million to invest in enterprise hardware and software. One reason is that hardware giants have been acquiring innovative startups when those larger companies aren’t able to invent something in-house, which makes hardware startups a good investment.