Ayla Networks Secures $60 Million

IoT startup Ayla Networks completed $60 million in Series D financing led by Run Liang Tai Fund and Sunsea Telecommunications.

Ayla Networks offers cloud-based connectivity solutions for manufacturers to turn appliances, HVAC, and more into intelligent devices. The company’s goal is to help manufacturers turn their products into smart connected systems and transform their businesses to compete in IoT. Delivered as a cloud platform-as-a-service, Ayla’s agile IoT platform enables rapid changes to practically any type of device, cloud, or app environment. It was named a 2015 Cool Vendor in the Internet of Things by Gartner, Inc.