SDxCentral
Join Log In
SD-WAN 1 5G 11 Edge 5 IoT 12 SDN 3 NFV 4 Containers 4 Cloud 11 Security 3 AI 5 Data Center 1 Storage 3 APM/NPM 1 Open Source

Log In to SDxCentral

Log in with your email? Forgot your password?
  • Newsletters
  • eBriefs
  • Podcasts
  • Webinars
  • Videos
  • Directory
  • White Papers
  • Resources
  • Use Cases
  • Support

Join SDxCentral and get information tailored to your particular interests everyday.

Join
Sponsored:
Dell EMC 3 Citrix Riverbed

Actility Raises a $75M Series D for Industrial IoT Platform

Actility Raises $75M Series D for Industrial IoT Platform
Sue Marek
Sue MarekApril 12, 2017
11:46 am MT
Email LinkedIn Facebook Twitter Reddit Hacker News

Lannion, France-based Actility attracted $75 million in Series D funding to expand its industrial Internet of Things (IoT) platform into new vertical markets like smart buildings, energy and utilities, and logistics. The company also plans to use the funds to increase its reach in the U.S. market.

Creadev, Bosch, and Inmarsat participated in the round as well as existing investors Idinvest, Bpifrance, Ginko Ventures, KPN, Orange Digital Ventures, Swisscom, and Foxconn.

Actility said there will be a second closing later this month that will involve more investors.

Actility’s ThingPark IoT platform works with low-power wide area (LPWA) networks to manage the communications between sensors, base stations, and applications. It also has an operations support system (OSS) that activates devices and gateways and provides data management, storage, and analytics. The company is working solely with IoT networks that use unlicensed spectrum like LoRaWAN, which operates in the unlicensed spectrum bands at 900 MHz and 430 MHz. The company says it does this to keep module costs down to $10 per module and connectivity costs as low as $1 per year.

Actility has some interesting partners. The company announced a year ago that it was collaborating with Cisco to develop new business models for the industrial IoT and will work with the networking giant to sell its products to verticals like smart cities and connected factories.

The company also is working with Dutch operator KPN on the company’s LoRaWAN network throughout the Netherlands.

Earlier this year, the company named Tom Wheeler, former chairman of the FCC and the former president and CEO of the CTIA, to its board of directors.

Related Articles

Nokia Dives Into New Market Verticals With WING IoT Platform
Nokia Dives Into New Market Verticals With WING IoT Platform
Extreme Networks Moves Into Edge Device Security With Defender for IoT
Extreme Networks Moves Into Edge Device Security With Defender for IoT
Canonical Brings IoT Security to Ubuntu Core
Canonical Brings IoT Security to Ubuntu Core
IoT Spending to Hit $745 Billion in 2019, IDC Says
IoT Spending to Hit $745 Billion in 2019, IDC Says
IoT Security Startup Phosphorus Builds Agentless ‘Update-All’ Button
IoT Security Startup Phosphorus Builds Agentless ‘Update-All’ Button
Huawei-Is-the-No-1-IoT-Platform-Vendor-Says-IHS-Markit
Huawei Is the No. 1 IoT Platform Vendor, Says IHS Markit
SDxCentral Daily News

Join your Peers! Subscribe to SDxCentral's Newsletter

Article Tags:

Breaking News IoT

Sue Marek

About Sue Marek

Sue served as SDxCentral's vice president of content from March 2016 to November 2018 where she was tasked with building its IoT and 5G coverage. Prior to joining SDxCentral, Sue was editor-in-chief of FierceMarkets Telecom Group where she oversaw the editorial content of several FierceMarkets’ newsletters including FierceWireless. She also provided editorial guidance for the publications’ websites, webinars, and live events. Sue is a frequent speaker at industry events and has moderated panels for the Consumer Electronics Show, the Competitive Carriers’ Show, PCIA: The Wireless Infrastructure Show, CTIA, Interop, 5G Americas and more. Sue has more than 25 years of experience reporting on the telecom industry.

Subscribe to Get the Daily News!

About SDxCentral

  • Newsletters
  • About Us
  • Contact Us
  • Work With Us
  • Editorial Team
  • Careers
  • Legal
  • Support

Engage With us

This material may not be copied, reproduced, or modified in whole or in part for any purpose except with express written permission from an authorized representative of SDxCentral, LLC. In addition to such written permission to copy, reproduce, or modify this document in whole or part, an acknowledgement of the authors of the document and all applicable portions of the copyright notice must be clearly referenced. All Rights Reserved.

© 2012-2019 SDxCentral, LLC, All Rights Reserved. SDNCentral™, the SDNCentral logo, SDxCentral™, SDxCentral logo, SDxNews™, SDxTech™, SDx™, the SDx logo, and DemoFriday™ are trademarks of SDxCentral, LLC in the U.S. and other countries.

  • Terms of Service
  • Privacy