What is Actility?
Founded in 2010 and headquartered in Paris, France, Actility specializes in providing robust IoT solutions and platforms designed for public utility in Low Power Wide Area Networks (LPWAN). The company's core offerings enable widespread connectivity for a vast array of devices, facilitating the deployment of large-scale IoT projects across various industries. Actility's technology is crucial for smart city initiatives, industrial IoT applications, and other connected services that require efficient, low-power, and long-range communication capabilities. Its platform serves as a foundational layer for the burgeoning Internet of Things ecosystem, enabling businesses and public entities to leverage data from connected devices for enhanced efficiency, new service creation, and improved decision-making.
How much funding has Actility raised?
Actility has raised a total of $135.3M across 7 funding rounds:
Corporate Investment
$3.5M
Unspecified
$1.2M
Series A
$4.3M
Series B
$8.7M
Series C
$25M
Series D
$75M
Other Financing Round
$17.5M
Corporate Investment (2010): $3.5M with participation from Truffle Capital
Unspecified (2011): $1.2M led by Computer Services Inc
Series A (2011): $4.3M supported by Truffle Capital
Series B (2012): $8.7M, investors not publicly disclosed
Series C (2015): $25M backed by Foxconn, Orange Digital Ventures, KPN, and Swisscom
Series D (2017): $75M with participation from Inmarsat, Cisco Investments, Orange, Foxconn, Creadev, Ginko Ventures, KPN, BNP Paribas, idinvest, Bosch, and Bpifrance
Other Financing Round (2024): $17.5M, investors not publicly disclosed
Key Investors in Actility
Inmarsat
Inmarsat is a British satellite telecommunications company offering global mobile services, providing telephone and data services worldwide via geostationary telecommunications satellites.
Cisco Investments
Cisco Investments is a venture capital firm specializing in strategic funding for technology companies, with a focus on cybersecurity, cloud technology, and digital infrastructure.
Orange
Orange is a leading global telecommunications operator and a provider of IT and telecommunication services to multinational companies.
What's next for Actility?
With its recent major strategic investment, Actility is poised to further solidify its leadership in the IoT connectivity space. This capital infusion is expected to fuel continued innovation in its LPWAN solutions, potentially expanding its network coverage and enhancing its platform's capabilities to support an even greater density of connected devices. The company's focus on public-use networks suggests a strategic direction towards enabling large-scale, transformative IoT deployments, such as smart city infrastructure and industrial automation. Future growth will likely involve deepening partnerships with telecommunications providers and enterprise clients, as well as exploring new market opportunities driven by the increasing demand for reliable and scalable IoT connectivity.
See full Actility company page