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Sigfox Raises $20.6 Million To Create A Global Cellular Network For Connected Objects * NY French Geek

Sigfox Raises $20.6 Million To Create A Global Cellular Network For Connected Objects

Posted on April 7, 2014 by admin

French startup Sigfox raised a Series B round of $ 20.6 million (€15 million) from IDInvest and BPIFrance. Existing investors (Elaia Partners, Partech Ventures, Ixo and Intel Capital) also participated. As a reminder, Sigfox wants to create an alternative cellular network specifically dedicated to connected objects. Compared to traditional cellular networks, this network can cover a larger area… Read More
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