Welcome!

Open Source Cloud Authors: Liz McMillan, Elizabeth White, Pat Romanski, Greg Schulz, Carmen Gonzalez

News Feed Item

Ayla Networks Closes $14.5M Series B Financing to Fuel Global Expansion of Its Agile Internet of Things Platform

SAIF Partners, International Finance Corporation, and Cisco Join Existing Investors

SUNNYVALE, CA -- (Marketwired) -- 04/30/14 -- Ayla Networks, the leading Agile Internet of Things (IoT) Platform provider, announced that it has closed a USD $14.5 million Series B financing with new investments from Cisco; the International Finance Corporation, a member of the World Bank Group; Linear Venture; SAIF Partners, one of China's largest venture capital firms; and SJF Ventures. Existing investors Crosslink Capital and Voyager Capital also participated in the new funding round.

Ayla also unveiled plans to expand its business in China to enable manufacturers and others to deliver IoT products and services to businesses and consumers in that country.

"The Internet of Things is expanding at an increasing rate, and it is a global phenomenon," said David Friedman, co-founder and CEO of Ayla Networks. "Our customers have complex connectivity and data management challenges as they seek to sell products in any global market. Our mission is to seamlessly combine the right technologies so that manufacturers, service providers and others can build amazing products, ultimately implementing Agile IoT for greater customer value. We're very gratified with the support from our investors. This is only the start."

"The Internet of Everything represents a huge opportunity to create value as things, data, processes, and people become connected," said Rob Salvagno, vice president of Corporate Development at Cisco. "Ayla impressed us with the architecture, flexibility, and scale of its IOT platform, enabling customers to quickly deliver connected products and to make meaningful decisions from their data."

"Ayla has proven itself as a leader in the IoT market, winning some of the largest manufacturers with its innovative platform," said Ben Ng, general partner at SAIF. "The company has also established the right partnerships in China and adapted its platform to suit the Chinese market and help manufacturers create great consumer experiences."

The Series B financing brings the total raised by Ayla to approximately $20 million and is the latest milestone in a significant year of growth for the company. Ayla publicly unveiled its technology and business in June 2013. Since then, the company has established partnerships and combined solutions with several of the world's leading chip and system suppliers to the Internet of Things, including Broadcom, Murata Americas, NXP, STMicroelectronics, and United Scientific Industrial Co. The company also has collected design wins with leading manufacturers of solutions for residential fire and safety monitoring, thermostats and broader HVAC control, water treatment and management, door locks, and home control.

An Agile IoT Platform
Ayla's mission is to provide the world with the first truly agile platform for the Internet of Things. The proliferation of technologies and standards is creating challenges for manufacturers hoping to enter the market. Ayla achieves its high degree of flexibility through a seamless fabric of interconnected elements, including embedded agents for devices, cloud-based back-end infrastructure and services, and intelligent application libraries.

By adopting Ayla's technology, companies can quickly design and develop connected products, often by slightly modifying existing product lines. Ayla's platform is compatible with the widest possible variety of communication standards and OSes, including Wi-Fi, Bluetooth, Zigbee, Linux, Android, iOS and others. Enterprise-class security is assured through multi-layer authentication, encryption, and policy control managed through Ayla's cloud services and advanced operational portals.

Built-in analytics enable real-time learning and a virtual device management system allows manufacturers to quickly react to this learning and modify their products -- even after they are deployed in the field. Enterprise-class features include multi-tiered role based access control, remote firmware update management and customer service visibility tools.

A China Cloud
Ayla will use part of the Series B funding to expand its services in China. China's highly mobile consumers will have new and exciting ways to interact with the things all around them. Initial applications include lighting control, door and window monitors, and indoor air-quality management. Last year, SINA, the largest Chinese language web portal in the world, adopted Ayla's cloud platform for consumer devices. Ayla anticipates that its success in China will be replicated in other emerging markets.

"Universal access to the internet will allow people in developing countries to reduce emissions, save power and seize new business opportunities by more effectively harnessing technology," said Nikunj Jinsi, Global Head, IFC Venture Capital. "Ayla's platform complements many companies we work with in China, and other emerging markets, that are innovating and changing consumer behavior for the long term improvement of peoples' lives."

About Ayla Networks
Ayla Networks empowers manufacturers, service providers, and others to deliver great products for the Internet of Things. Headquartered in Sunnyvale, Calif., the company has developed the technology enabling Agile IoT for device makers to quickly and economically develop, support, and enhance smart connected solutions, end-to-end. Collaborating with leaders in electronics, embedded systems, industrial equipment, networking and consumer devices, Ayla is bringing the Internet of Things to the mainstream. For more, please contacts us at www.aylanetworks.com

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...