Welcome!

Open Source Authors: Pat Romanski, Elizabeth White, Carmen Gonzalez, Mark R. Hinkle, Phil Whelan

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

SUNNYVALE, Calif., Oct. 20, 2014 /PRNewswire/ -- Spansion Inc. (NYSE: CODE), a global leader in embedded systems, today added 96 new products to the Spansion® FM4 Family of flexible microcontrollers (MCUs). Based on the ARM® Cortex®-M4F core, the new MCUs boast a 200 MHz operating frequency and support a diverse set of on-chip peripherals for enhanced human machine interfaces (HMIs) and machine-to-machine (M2M) communications. The rich set of periphera...

The Internet of Things (IoT) is making everything it touches smarter – smart devices, smart cars and smart cities. And lucky us, we’re just beginning to reap the benefits as we work toward a networked society. However, this technology-driven innovation is impacting more than just individuals. The IoT has an environmental impact as well, which brings us to the theme of this month’s #IoTuesday Twitter chat. The ability to remove inefficiencies through connected objects is driving change throughout every sector, including waste management. BigBelly Solar, located just outside of Boston, is trans...
SYS-CON Events announced today that Matrix.org has been named “Silver Sponsor” of Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Matrix is an ambitious new open standard for open, distributed, real-time communication over IP. It defines a new approach for interoperable Instant Messaging and VoIP based on pragmatic HTTP APIs and WebRTC, and provides open source reference implementations to showcase and bootstrap the new standard. Our focus is on simplicity, security, and supporting the fullest feature set.
Predicted by Gartner to add $1.9 trillion to the global economy by 2020, the Internet of Everything (IoE) is based on the idea that devices, systems and services will connect in simple, transparent ways, enabling seamless interactions among devices across brands and sectors. As this vision unfolds, it is clear that no single company can accomplish the level of interoperability required to support the horizontal aspects of the IoE. The AllSeen Alliance, announced in December 2013, was formed with the goal to advance IoE adoption and innovation in the connected home, healthcare, education, aut...
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, a...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic strategies that utility/cloud computing provides. Whether public, private, or in a hybrid form, clo...
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation and integration; and visibility through intelligent business operations and big data.
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Be Among the First 100 to Attend & Receive a Smart Beacon. The Physical Web is an open web project within the Chrome team at Google. Scott Jenson leads a team that is working to leverage the scalability and openness of the web to talk to smart devices. The Physical Web uses bluetooth low energy beacons to broadcast an URL wirelessly using an open protocol. Nearby devices can find all URLs in the room, rank them and let the user pick one from a list. Each device is, in effect, a gateway to a web page. This unlocks entirely new use cases so devices can offer tiny bits of information or simple i...
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce the value of the network in helping organizations to maximize their company’s cloud experience.
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, will address the big issues involving these technologies and, more important, the results they will achieve. How important are public, private, and hybrid cloud to the enterprise? How does one define Big Data? And how is the IoT tying all this together?
TechCrunch reported that "Berlin-based relayr, maker of the WunderBar, an Internet of Things (IoT) hardware dev kit which resembles a chunky chocolate bar, has closed a $2.3 million seed round, from unnamed U.S. and Switzerland-based investors. The startup had previously raised a €250,000 friend and family round, and had been on track to close a €500,000 seed earlier this year — but received a higher funding offer from a different set of investors, which is the $2.3M round it’s reporting."
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. Over the summer Gartner released its much anticipated annual Hype Cycle report and the big news is that Internet of Things has now replaced Big Data as the most hyped technology. Indeed, we're hearing more and more about this fascinating new technological paradigm. Every other IT news item seems to be about IoT and its implications on the future of digital busines...
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water, are pursuing SmartGrid initiatives that represent one of the more mature examples of SAE. We have s...
The Internet of Things needs an entirely new security model, or does it? Can we save some old and tested controls for the latest emerging and different technology environments? In his session at Internet of @ThingsExpo, Davi Ottenheimer, EMC Senior Director of Trust, will review hands-on lessons with IoT devices and reveal privacy options and a new risk balance you might not expect.
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. The presentation will also discuss how IoT is perceived by investors and how venture capitalist access this space. Other topics to discuss are barriers to success, what is new, what is old, and what the future may hold.
Swiss innovators dizmo Inc. launches its ground-breaking software, which turns any digital surface into an immersive platform. The dizmo platform seamlessly connects digital and physical objects in the home and at the workplace. Dizmo breaks down traditional boundaries between device, operating systems, apps and software, transforming the way users work, play and live. It supports orchestration and collaboration in an unparalleled way enabling any data to instantaneously be accessed on any surface, anywhere and made interactive. Dizmo brings fantasies as seen in Sci-fi movies such as Iro...
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at 6th Big Data Expo®, Hannah Smalltree, Director at Treasure Data, to discuss how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other mach...
This Internet of Nouns trend is still in the early stages and many of our already connected gadgets do provide human benefits over the typical infotainment. Internet of Things or IoT. You know, where everyday objects have software, chips, and sensors to capture data and report back. Household items like refrigerators, toilets and thermostats along with clothing, cars and soon, the entire home will be connected. Many of these devices provide actionable data - or just fun entertainment - so people can make decisions about whatever is being monitored. It can also help save lives.