Actility snags $25 mln

Paris-based Actility, a network solutions and managed information systems provider for the internet of things sector, has raised $25 million in funding. Ginko Ventures led the round with participation from other investors that included KPN, Orange, Swisscom, Foxconn, Fonds Ecotechnologies managed by Bpifrance Investissement, Idinvest Partners and Truffle Capital.

North AmericaUSBriefs