Wide Area IoT & Sensor Networks: Momentum Is Building
There has been a steady movement to build dedicated networks for connecting sensors and devices to address the challenges posed by existing data networks (e.g. Cellular/3G/4G or Satellite) networks. The two primary contenders in the long or wide range IoT/Sensor networks are LoRA (by Semtech) and SigFox. Two recent events indicate the momentum is building:
Actility has received $25M funding led by Ginko Ventures. Two notable things – it will enable Actility to put momentum behind its ThingPark platform. The platform leverages the LoRA wide area network. Ginko is backed by Foxconn (world’s largest electronics manufacturing company – Apple manufactures the iPhone with Foxconn). Additional investors include KPN, Swisscom & Orange.