Netatmo, a France-based producer of internet of things devices such as smart thermostats, has secured €30m ($32m) in series B funding led by building infrastructure services provider Legrand, TechCrunch reported yesterday.

Iris Capital, a venture capital firm backed by telecoms company Orange and advertising firm Publicis, France’s sovereign wealth fund Bpifrance, angel investor Pascal Cagni and Netatmo’s chief executive and co-founder Fred Potter also took part in the round.

Founded in 2011, Netatmo markets internet of things connected devices for…

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