They say they have no competitor. Neither in France, nor in the world. SigFox, a 100% French company founded in 2010 by Christophe Fourtet, is positioned as “the first low-speed cellular operator dedicated to“ machine to machine ”and the Internet of Things. Clearly, the Toulouse start-up is capable of equipping almost any object by means of a modem connected to the network. Via UNB technology (Ultra Narrow Brand) patented and its network dedicated to low-speed, SigFox is undoubtedly one step ahead in the economical, eco-responsible transmission of billions of data generated by the Internet of Things.
SigFox claims 2M euros of turnover, its customers are major accounts (Suez, Assurances MMA, EDF etc…). The company is based in the Toulouse ICT park, hires 40 people, and has just raised 10M euros from Intel Capital in particular. In total, € 22m was raised. SigFox seeks to accelerate its development and intends to raise 100 million euros.
Sigfox CEO Ludovic Le Moan is the former founder of Goojet, a news-oriented mobile widget site. He has been working in the Internet of Things since 2000, and had founded AnyWhere Technologies, sold to Wavecom in 2008: