Friday, January 22, 2016

Arrayent Adds ORIX To $15M Series C Round

San Francisco-based Arrayent, which develops software for the Internet-of-Things (IoT) market, said Thursday that it has added ORIX Ventures to its Series C funding. Arrayent said it raised $15M in the Series C round, which also included DCM Ventures, Intel Capital, Opus Capital, and Comerica Bank. Arrayent is led by Cyril Brignone. The company had its first close of its Series C at $11M back in September.