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Actility, a provider of LPWANs with an eye on IoT, raises $75 million in funding

This is a bit of news from a while ago, but I'm going to clip it because it's information about fundraising that I'm interested in.

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

Actitily, a French startup, provides Low Power Wide Area Networks for IoT. In Japan, they are in a similar position to SOLACOM.

The most important factor for the spread of IoT is the development of infrastructure. It must be able to send radio waves over greater distances with less power consumption. For example, if you think about a case where you turn on an air conditioner remotely, I feel that IoT breakthroughs will not come unless it becomes possible to join a network even when the air conditioner is not turned on.

LPWAN - IoT | Solutions & Summary says

For example, in the case of smart meters for water, electricity and gas, meter reading data only needs to be sent once a month, and the amount of data is minimal. You may also want to install the device in a location where there is no power supply.

As a communication environment for IoT devices with such a wide variety of devices, mixed applications with various requirements, and low communication frequency and low data volume that cannot be matched by conventional short-range wireless and mobile communication systems in terms of communication range, communication cost, and power consumption, there is a growing need for low-power wide area networks (LPWAN) that can cover a wide area with low power consumption (e.g., more than 10 years with two AA batteries). There is a growing need for low-power wide area networks ("LPWAN" (Low Power Wide Area Networks)) that can cover a wide area with small communications with low power consumption (e.g., more than 10 years with two AA batteries).

Network communication standards seem to have a history of catching up and overtaking; I wonder what the network communication technology that will make the IoT feasible will be.