0
General

Netatmo raises EUR 30 million

Friday 6 November 2015 | 10:53 CET | News
French IoT start-up Netatmo has raised EUR 30 million in a round backed by new investor electrical products company Legrand, and its existing shareholders, Iris Capital, BPI and C4 Ventures founder Pascal Cagni, reports Les Echos. Netatmo's founder and  president Frederic Potter, said Legrand allows the company to preserve its independence and gives it the opportunity to developing common products. Netatmo currently sells products such as a connected thermostat and a home security camera, and aims to develop into other connected home segments, including lighting and access monitoring. The

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Netatmo
Countries: France
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Iris Capital haalt 250 miljoen euro op bij investeringsronde

Published 21 Jun 2017 16:12 CET | Europe
Iris Capital, een investeringsbedrijf dat wordt gesteund door onder meer Orange en Publicis, heeft bij een recente ...

Netatmo debuts home security camera with facial recognition

Published 11 Jun 2015 14:25 CET | France
French start-up Netatmo has launched its Welcome home security camera with facial recognition software, reports Les Echos. The ...

Netatamo exhibits smart home security camera

Published 05 Jan 2015 21:56 CET | World
French start-up company Netatamo is exhibiting its Welcome intelligent camera with face recognition technology at CES. In a ...

Huawei, Netatmo become Qivicon partners

Published 11 Dec 2014 09:38 CET | Germany
Qivicon, the crossvendor smart home platform founded in 2011 by Deutsche Telekom, has two new partners, namely the Chinese ...