Ayla Networks, a Santa Clara, Calif.-based provider of an Internet of Things (IoT) platform for manufacturers, raised $39m in Series C funding.
The round was co-led by Ants Capital and 3NOD, an original design manufacturer (ODM) of smart lifestyle products, with participation from new investors Mitsui and Acorn Pacific and existing investors Cisco Investments, Crosslink Capital, International Finance Corp. (IFC, a division of World Bank Group), Linear Venture, SAIF Partners/Oriza Ventures, SJF Ventures and Voyager Capital.
The company intends to use the funds to continue to expand globally.
Led by David Friedman, CEO and co-founder, Ayla Networks provides a cloud based Internet of Things (IoT) platform that allows manufacturers to turn their products into smart connected systems
The company recently launched the Ayla Agile Mobile Application Platform (AMAP) to accelerate the development of mobile control of connected devices; Ayla Insights, a new IoT platform service that turns IoT connected-product data into actionable business intelligence for manufacturers; and added mobile beacon technology, which automatically activates a connected product’s mobile app when a user’s smartphone is in proximity of a beacon-enabled connected product.
The company’s solutions are used by manufacturers in many markets, including home appliances, residential and commercial HVAC (heating, ventilation, air conditioning) systems, water heaters, water softeners, and home fire and safety products.
Customers include Changhong, Dimplex, Fujitsu General, Hampton Brinks, Hunter Fan, Kidde, LockState, Ozner, TCL and United Technologies Electronic Controls (UTEC).
Ayla Networks also has offices in Shin-Yokohama, Japan, Shenzhen, China, and Taiwan.
FinSMEs
27/06/2016