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TrackNet Takes $7M

Sunnyvale- and Switzerland-based TrackNet, a developer of systems designed around LoRa low power, wireless networking technology, has raised $7M in a Series A funding round. The funding came from Minol Zenner Group and Gemtek Corporation. Tracknet said it is developing an end-to-end consumer, tracking, and facility management solutions for the Internet-of-Things (IoT) area, using sensors, gateways, and apps. More information »