Sigfox, the world’s leading provider of Internet of Things connectivity, announces a record funding round
Published on 03.22.2017
LABÈGE, France, TALLINN, Estonia, December 1st, 2016. Sigfox, the world’s leading provider of connectivity for the Internet of Things (IoT), and Connected Finland, the exclusive Sigfox operator in Finland, today announced the roll-out of the network in Estonia. Connected Baltics is the local branch of Connected Finland and the exclusive Sigfox operator in the country.
In just a decade, Estonia has managed to become one of the most promising start-up nations, thanks to government initiatives that fueled a massive program to bring web connections to previously ignored rural areas. The Estonian government has also nurtured startup companies into global businesses by providing them with services and a supporting environment that helped create a new philosophy and can-do attitude for aspiring Estonian tech-entrepreneurs.
“Estonia is producing more start-ups per head of population than any other country in Europe. The country also has one of the world’s most advanced e-governments that have paved the way for a number of globally successful Estonian startups and built a huge community of developers.” said Rodolphe Baronnet-Frugès, Sigfox executive vice-president networks & operators.
“This positions the country to become a European leader in terms of quick adoption of the IoT and invention of exciting new applications for industry, business and personal use. We have seen this entrepreneurial spirit already demonstrated strongly by Connected Finland and couldn’t think of a better partner to make IoT a short term reality in Estonia.”
Connected Finland is a company created in October 2015 by an experienced team of Finnish telco professionals, and backed by well-known industrial investors and a group of private angel investors. They are all committed to quickly adding Estonia to the world’s fastest-emerging mass market IoT network.
“We are really excited to get the opportunity to extend our businesses across the Gulf of Finland. During the last year we have experienced a very good traction in Finland and aroused huge enthusiasm for Sigfox’s offering. In addition to the vibrant start up community in Estonia, many major Finnish customers are developing innovative solutions in both countries, and we can see a lot of synergies in multiple segments including insurance, retail and logistics.” stated Markku Patronen, CEO and co-founder of Connected Finland
The deployment of Estonia was announced today at Slush 2016 in Helsinki, by Ludovic Le Moan, CEO of Sigfox, and Markku Patronen.
Sigfox is well on track to be in 30 countries by the end of 2016.
SIGFOX contact: Laurence Collet, Global Media Relations Manager
+ 33 786 273 643 - Laurence.email@example.com
Connected Finland contact: Connected Baltics contact:
Markku Patronen Kushtrim Xhakli
+358 50 5065393 +372 5360 2384
Sigfox is the world’s leading provider of connectivity for the Internet of Things (IoT). The company has built a global network to connect billions of devices to the Internet while consuming as little energy as possible, as simply as possible.
Sigfox’s unique approach to device-to-cloud communications addresses the three greatest barriers to global IoT adoption: cost, energy consumption, and global scalability. Today, the network is present in 28 countries and on track to cover 60 by 2018 – covering a population of 424 million people. With millions of objects connected and a rapidly growing partner ecosystem, Sigfox empowers companies to create new innovations on the IoT. Founded in 2010 by Ludovic Le Moan and Christophe Fourtet, the company is headquartered in Labège near Toulouse, France’s “IoT Valley”. Sigfox also has offices in Paris, Madrid, Munich, Boston, San Francisco, Dubai and Singapore.
About Connected Finland/ Connected Baltics
As a SIGFOX Network Operator, Connected Finland is the first nationwide IoT-network operator in Finland, deploying and selling SIGFOX’s low power wide area (LPWA) IoT connectivity solution and enabling millions of connected devices to send small messages in a cost-effective and energy-efficient way. Taking advantage of its simple and fast rollout, Connected Finland will deploy the network in major cities during the summer 2016 and provide nationwide coverage by spring 2017. Connected Baltics is the local branch of Connected Finland in Estonia.
For more information, see www.connectedfinland.fi