Sigfox partner iWire receives USD 34 million in funding

iWire, one of the emerging leaders in the Internet of Things, has just raised $34 million in a Series A financing led by Noor Capital and supported by BPI France to accelerate its development and enter new markets. iWire is a long-standing partner of Sigfox, the pioneer of the 0G network and the world’s leading IoT service provider. In this fundraising, iWire has notably received support from the French Public Investment Bank (BPI France), which has allocated an amount of $25 million for the development of Sigfox networks in 12 new countries in Asia, the Middle East and Africa. In addition, iWire intends to accelerate the development of its subsidiary “iWire Technologies” and specialise in the production of networked devices distributed on all five continents, with a particular focus on the European and US markets.