Network management firm Actility has gained $25 million in funding for its IoT platform, called ThingPark. ThinkPark has been active for five years, allowing network connected devices to communicate with millions of others and to be managed from a central hub. It is available to vendors looking to create IoT networks and devices.
The financing round is led by Ginko Ventures, which is itself backed by Apple provider Foxconn Technology, as well as telecom operators KPN, Orange and Swisscom. BPI France Investissement, Idinvest Partners, and Truffle Capital have already been supporting Actility.
French network management firm eyes vast Internet of Things grids (Reuters)
Actility, a supplier of software used to manage far-flung sensor networks dubbed the Internet of Things, said on Tuesday it has taken $25 million in new funding from top European telecom operators and the world’s largest contract electronics maker. Paris-based Actility said …
Filed Under: Rapid prototyping