"Cisco’s strategic investment in Actility further enhances the collaboration of two complementary IoT solution providers with big plans for the connected world," comments Mike Mulica, CEO of Actility.
"Cisco is focused on enabling the rapid proliferation of IoT through LPWA technologies, including LoRaWAN gateways and geolocation services,” said Amit Chaturvedy, Head of IoT Investments and Acquisitions at Cisco. “We invest in companies that share our passion for helping customers and are leaders in their technologies. Actility is dedicated to a great customer experience through the LPWA IoT on-boarding, operating and monetisation experience. We are pleased that Actility intends to use the proceeds of this investment round to scale their business faster and more reliably all around the world.”
Actility is the industry leader in LPWA (Low Power Wide Area) large-scale infrastructure and the innovator behind the ThingPark IoT Solution platform. Actility’s ThingPark enables scalable LPWA networks and interoperable IoT applications and services. ThingPark Wireless is a core network management and supervision solution for LPWA connectivity designed from the beginning for carrier-grade solutions, and already deployed in over half the national LPWA network rollouts globally. ThingPark OS is a central IoT management service to connect sensors to applications with bidirectional interaction. ThingPark X is a data analytics and control framework which exposes data from connected things to applications and connects with cloud platforms, and also offers off the shelf IoT industrial applications. ThingPark Market is a B2B ecommerce platform for buyers and sellers, aggregating, distributing and connecting IoT devices and applications to the ThingPark platform. Actility is a founding member of the LoRa Alliance.