Corporate-backed IoT technology producer Sigfox has filed for bankruptcy protection, possibly a casualty of a wider clustering of venture capital investment.
Sigfox, the France-headquartered internet-of-things (IoT) technology provider which has raised over $300m from an investor base including some 10 corporates, has filed for bankruptcy protection, TechCrunch reported yesterday. Founded in 2010, Sigfox is the creator of an end-to-end connectivity system for IoT devices, enabling them to communicate with each other without using significant quantities of…
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