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French Wireless Startup Sigfox Seeks $200 Million in Funding

  • Sells low-cost networks inspired by World War I technology
  • U.S. IPO by mid-2017 could be part of CEO Le Moan's plans

Sigfox, the French startup that makes low-cost wireless networks to connect devices using technology from World War I, is seeking at least $200 million in financing as Chief Executive Officer Ludovic Le Moan explores a Nasdaq listing.

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