back to article IoT upstart Sigfox gulps down €150m funding but falls short of target

French Internet of Things startup Sigfox has missed its $200m funding target for its latest round, settling for €150m ($159m) instead – although it has Salesforce, Intel, and others on board as investors. Sigfox is a wireless connectivity player in the IoT world. It sells low-powered networking kit designed for industrial IoT …

  1. Anonymous Coward
    Anonymous Coward

    Ludovic Le Moan

    Now there's a name you'd assume was an Aardman baddy.

  2. Mike Shepherd
    Meh

    "...more than 10 million objects...26 countries..."

    Unfortunately, really useful figures (like the estimated annual profit per connected device) are not mentioned. Even with 50 million connections, you'd have to clear $1 a year from each device, to get back just the latest $200m over four years.

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