London — French start-up Sigfox has raised $160m to help build networks connecting everything from washing machines to smart meters to the internet, it said on Friday, confirming an earlier Reuters report. Sigfox said its new investors include France’s Total, San Francisco-based Salesforce.com and Henri Seydoux, the founder luxury goods company Christian Louboutin and of drone maker Parrot. Founded in 2010, Sigfox raised $115m in February 2015 from investors including include Spain’s Telefonica, France’s Engie, NTT Docomo Ventures, SK Telecom, Air Liquide and Elliott Management, sources said at the time. Since it was started by French entrepreneur Ludovic le Moan, Sigfox has built a global wireless network connecting more than 10-million objects to the cloud at minimal cost by relying only on surrounding sources of energy. The latest round of funding will enable Sigfox, which competes with Cisco’s Jasper, to expand its international network from 26 countries to 60 by 2018 and reach ...
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