Hxperience, a Paris, France-based provider of an IoT and analytics optimization platform for buildings, raised €1.4m in funding.
The round was led Axeleo Capital, with participation from AngelSquare’s angel investors.
The company intends to use the funds to expand its sales and data science teams, to continue to develop the platform, and grow in France and abroad.
Founded in 2015 by Patrick Fichou and Claude Favreau, Hxperience provides a platform that collects, processes, secures the relevant data and trigger actions to improve operational efficiency of commercial and industrial buildings by leveraging IoT devices and predictive analytics.
The company offers a complete solution from the consulting phase and the identification of use cases through to the integration of the solution into the existing environment and its operations.
Hxperience currently has a team of 15 employees.