France's Sigfox raises $115M for IoT network expansion

France-based Sigfox has raised $115 million from investors, including Telefónica, as the Internet of Things specialist prepares to ramp up its global rollout plans. The deal includes NTT DoCoMo, SK Telecom of South Korea, France's Air Liquide and GDF Suez, Eutelsat and U.S. hedge fund Elliott Management. Existing investors Elaia Partners, iXO PE, Partech Ventures and Idinvest also participated in this latest funding round. The funding is expected to help finance network rollouts in the U.S., Latin America, Japan and South Korea following the signing of commercial agreements in these markets. For more, see this FierceWireless:Europe article.