Description
Sigfox is a French global network operator founded in 2010 that built wireless networks to connect low-power objects such as electricity meters and smartwatches, which need to be continuously on and emitting small amounts of data.
Sigfox is based in Labège near Toulouse, France, and had over 375 employees. The firm also has offices in Madrid, San Francisco, Sydney and Paris.
Sigfox had raised more than $300 million from investors that included Salesforce, Intel, Samsung, NTT, SK Telecom, energy groups Total and Air Liquide. In November 2016 Sigfox was valued at around €600 million. In January 2022 it filed for bankruptcy.
In April 2022 Singapore-based IoT network firm Unabiz subsequently acquired Sigfox and its French network operations for a reported €25 million ($27m).
