SEQUANTA Chronicles

HIKOB boosting its growth with a 1.4 million euros round of funding

Lyon, France – April 6, 2016 After a first round of funding of 300.000€ in March 2012 with IT Translation and Insavalor, HIKOB specialized in wireless and autonomous acquisition systems is closing today a new round of funding of 1.4 million euros from the following investors:

  • Rhône-Alpes Création
  • IT-Translation (seed funding)
  • Alpes Capital Innovation
  • Crédit Agricole Création
  • Crédit Agricole Sud Rhône-Alpes Capital.

HIKOB’s objectives: to consolidate its product line, strengthen its sales team with the recruitment of four more employees in 2016 and develop new business streams in France and abroad.

« HIKOB is accelerating! This new round of funding allows us to consolidate our presence on international markets in Western Europe, Canada and Asia. This continent has a fast-growing economy and high demographic growth. It offers significant business opportunities in the infrastructures monitoring, one of the key sectors for HIKOB » says Guillaume CHELIUS, CEO and HIKOB co-founder.

For further information, download press releasePR_HIKOB_Round_Of_Funding