Connectivity provider Connexin, which has raised £80 million in funding, aims to support increasing demand for smart networks and reduce barriers to entering the IoT market.
The United Kingdom is going to receive nationwide long range wide area networks (LoRaWAN) and infrastructure for the first time after connectivity provider Connexin raised £80 million in funding.
The company said the network amounts to a strategic investment in supporting increasing demand for smart networks. LoRaWAN reduces barriers to entering the Internet of Things market, it added.
Hull City Council, Yorkshire Water and Icosa Water on the south coast of England are among the organisations that have deployed LoRaWAN. In Sheffield, Connexin technology is being used to provide highway maintenance services.
The company said further deployment of the technology would help address challenges local government is facing, provide its citizens with a better quality of life and also improve the United Kingdom’s environment.
Furqan Alamgir, founder and CEO of Connexin, said: “With a low cost wide-area networking solution becoming available to all organisations across the UK, it opens up opportunities for those looking to deploy IoT solutions for a fraction of the cost of existing cellular infrastructure solutions.
“This is a significant achievement for IoT in the UK that will open up tremendous business opportunity and deliver new service offerings that will improve the lives of customers in this market”
“Not only does this promote the development of new IoT-based technology but it allows existing solutions to be rolled-out nationwide to encourage further adoption and will allow more people to utilise and benefit from affordable, carrier-grade IoT connectivity.”
Donna Moore, CEO and chairwoman of the LoRa Alliance, added: “I would like to congratulate Connexin on the milestone of rolling out a nationwide LoRaWAN network in the UK, as a result of numerous successful projects and use case demonstrations.
“This is a significant achievement for IoT in the UK that will open up tremendous business opportunity and deliver new service offerings that will improve the lives of customers in this market.”
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