Sigfox, a Toulouse startup pioneer in low-speed cellular networks.

by bold-lichterman

Created by Ludovic Le Moan and Christophe Fourtet, the Toulouse start-up is positioned as “the first low-speed cellular operator dedicated to“ machine to machine ”and the Internet of Things.

Concretely, it allows the transmission of data between communicating objects, so your electricity meter can send a state of your consumption, through a low speed network (Ultra Narrow Bands, UNB). Although no license is required, Sigfox has nevertheless registered with Arcep as an operator.

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, employs 40 people, and has just raised 10 million euros from Intel Capital in particular. In total, 22 million euros were raised. SigFox seeks to accelerate its development and intends to raise 100 million euros in 2013.

Discover interview with Sigfox CEO Ludovic Le Moan.

The key men of SigFox:

Ludovic le Moan – Chairman and CEO

An engineer graduate from ENSIMAG (Polytechnique Grenoble group), Ludovic le Moan (48 years old) trained in technical and commercial positions before taking the management of the COFRAMI group (1,500 people), which he left to found Anyware Technologies , specialized in object data processing software (M2M) and sold to Wavecom. He then founded GOOJET, which became Scoop.it, leader in ‘curation’ (humanized management of areas of expertise) on the internet, to take over the management of SIGFOX in December 2010, after having organized an initial fundraising of 2 million. euros. Ludovic le Moan is an inveterate entrepreneur who graciously provides his advice to a large number of business leaders and structures, some of which are federated within one of his initiatives called TIC Valley (a melting pot of young shoots who are helped to grow and market their solutions by supervision in an environment of mutualization of knowledge and services). He has contributed to the success of dozens of French and international companies.

Christophe Fourtet – Scientific Director and founder of the company

A graduate in electrical and telecom engineering from INSA Lyon and holder of a DEA in electromagnetism, Christophe Fourtet (45), founder of SIGFOX, is also at the origin of the company’s revolutionary technology. Christophe Fourtet has spent his entire career in large groups and institutions (DGA, SAGEM, Motorola, Freescale) within the electromagnetism and radiofrequency divisions (in particular creator of the HW cellular group of Motorola, at the origin of the mobile phone of this entity). These experiences enabled him to master the transition from a technological idea to a high-volume industrialized product. ANR expert since 2003, Christophe Fourtet is passionate about radio frequencies with expertise recognized around the world.

Marc Vertes – Head of Base Station Development

Engineer graduated from the Ecole Supérieure d’Informatique (PARIS) and holder of a license in Biology, Marc Vertes is the co-founder of Meiosys, of which he also ensured the scientific direction, a company which was then acquired by IBM. Author of nearly 40 patents covering in particular virtualization techniques, checkpoint-restart, record-replay, fault tolerance, replication protocols, live migration of TCP connections, virtualization and application mobility technologies, etc., Marc has extensive experience building back-end systems with proven functionality on large volume deployments.

The Sigfox website: http://www.sigfox.com