French IoT solutions company Actility raises a $75 million Series D round

French Actility, which provides Low Power Wide Area Networks (LPWAN) for the internet of Things (IoT), has completed a $75 million Series D funding round. Creadev, Bosch and Inmarsat are among the new investors in the round, with existing investors also participating including Idinvest, Bpifrance, Ginko Ventures, KPN, Orange Digital Ventures, Swisscom and Foxconn.

Industrial IoT startup KONUX closes Series A round at $16 million

Munich-based KONUX, an industrial IoT startup, has raised a further $9 million led by New Enterprise Associates (NEA), bringing its Series A round to $16 million. Several other investors participated in the round including MIG, Upbeat Ventures, Andy Bechtolsheim, Michael Baum, UnternehmerTUM, Warren Weiss, and Lothar Stein. KONUX develops industrial IoT solutions using smart sensors […]

Ukraine-based family locator app GeoZilla raises $1 million

Ukraine-based family locator app GeoZilla has raised $1 million, according to Firrma. The investment comes from business angels including Dmitri Lipnitsky, founder of Gismart, and other investors whose names were not disclosed. Additionally, Nikolay Davydov of Gagarin Capital has been granted a share of the company and will be joining the company’s advisory board.

German IoT platform Cumulocity acquired by Software AG for undisclosed sum

Cumulocity, a German IoT platform, has been acquired by Software AG. The terms of the deal have not been disclosed. The acquisition will boost Software AG’s position in the Internet of Things space, the firm said in a statement. Cumulocity develops a cloud-based IoT platform for managing devices and the data they collect. The two […]