Monday, June 27, 2016

Ayla Networks Connects With $39M

Santa Clara-based Ayla Networks said it has raised $39M more in a Series C funding round late last night, which was led by Ants Capital, along with 3NOD. The funding also included Mitsui, Acorn Pacific, Cisco Investments, Crosslink Capital, International Finance Corp., Linear Venture, SAIF Partners/Oriza Ventures, SJF Ventures and Voyager Capital. Ayla Networks develops an Internet-of-Things platform, used by manufacturers to build their own, Internet-connected home appliances. The company has now raised $58.90M in total funding. More information »