Thursday, May 1, 2014

Ayla Networks Connects With $14.5M

Sunnyvale-based Ayla Networks, a developer of software aimed at the "Internet of Things" market, has raised $14.5M in a Series B funding. The funding came from Cisco, the International Finance Corpoation, Linear Venture, SAIF Partners, SJF Ventures, as well as Crosslink Capital and Voyager Capital. The company said it has now raised $20M. The company is led by David Friedman. More information »