French low-power IoT specialist Actility, operating and selling LoRaWAN infrastructure, has raised €16 million ($17.2m) in a new funding round to drive its own growth in the private networks space and consolidation in the wider low-power IoT market. The implication is that Actility remains on the acquisition trail, to cement LoRaWAN, primarily, as the go-to low-power wide-area (LPWA) tech for enterprises seeking to take charge of their own private networks for IoT tracking and monitoring applications.
