Internet of Things cellular network provider SIGFOX has raised a $115 million round of financing, a record for a French startup. Among the investors were Telefonica, GDF Suez, Elliott Management, NtT Docomo Ventures and SK Telecom. The company will use the funds to accelerate its global deployment. SIGFOX, a former Red Herring Top 100 winner, already operates in France, Spain, the U.K., the Netherlands and is about to deploy in the U.S. With the latest funding the company is targeting expansion in Asia, Europe and the Americas. “This record $115 million round is a significant step in the development of our network’s coverage all around the world. The trust of our investors and the dynamism of SIGFOX’s team allow us to strengthen our position as the world leader in IoT communications,” said Anne Lauvergeon, SIGFOX’s chairman.
Fancy, a social shopping platform, has raised a $20 million Series D round of funding, led by Carlos Slim Domit and CCC. Prior to this round of funding, which was announced by the company in a blog post, Fancy had secured more than $104 million in backing. The company will use the latest funds to “continue to build out its technology platform and execute on new key strategic partnerships.”
Mobile concierge app Reserve has secured $15 million in Series A funding led by Human Ventures Capital. Among the long list of investors participating in the round is First Round, Lowercase Capital, Sherpa Ventures and individual backers Jared Leto, Jon Favreau and Will.i.am. “Our Series A brings our total amount of funding to $17.3 million, and we intend to use every penny to bring a better dining experience to more restaurant partners and diners, in more cities and on more devices, for special occasions and everyday meals. We look forward to bringing the Reserve experience to a broad array of restaurants and guests, and helping them at each and every meal,” Greg Hong, CEO and Co-Founder of Reserved wrote in a blog post.
AppDirect, a cloud service commerce company and former Red Herring Top 100 winner, has secured $50 million in Series D investment led by Mithril Capital Management. New investors Henry Kravis and Paul Fribourg were joined by previous backers Mithril, Foundry Group, iNovia Capital and StarVest Partners. “We are committed to making software accessible and empowering the global software economy through cloud service commerce,” said Daniel Saks, co-founder and co-CEO of AppDirect. “We’re dedicated to delivering the best omni-channel cloud service experience to our customers across the world. As the cloud becomes increasingly critical for businesses of every size, our strategy enables all cloud services, across all channels, all verticals, all devices, for all types of businesses.”