Wednesday, June 5, 2013

Ayla Networks Raises $5.4M

Sunnyvale-based Ayla Networks announced this morning that it has raised $5.4M in funding, for creating a cloud-based service for the "Internet of Things". The funding came from Voyager Capital and Crosslink Capital. Ayla is led by David Friedman. The company's cloud-based service lets manufacturers Internet-enable their household products, like appliances and thermostats, and make them into connected devices. More information »