One of the leading IoT companies, iWire has raised $34 million in a new round of funding. The company will use the influx of cash to expand its reach across countries and build the digital communication infrastructure necessary for massive IoT solutions. Over three years ago, iWire already raised over $47 million from various investors. France's sovereign wealth fund Bpifrance participated with Noor Capital in this latest round by granting a long-term equipment purchase option to the company

In April of 2018, iWire launched LPWAN network to power massive IoT solutions. This innovative technology allows large-scale businesses such as utility companies and smart cities to deploy fast, cost-effective and scalable IoT solutions.

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