Ayla manufactures $39m series C

Jun 27, 2016 • Thierry Heles

3Nod has co-led the IoT platform's latest funding round, with participation from investors including corporates Cisco and Mitsui.

US-based internet-of-things (IoT) platform developer Ayla Networks raised $39m today in a series C round co-led by smart lifestyle product manufacturer 3Nod and boutique investment bank Ants Capital.

Cisco Investments, the corporate venturing unit of networking equipment maker Cisco, and conglomerate Mitsui also participated, as did International Finance Corporation (IFC), Acorn Pacific, Crosslink Capital, Linear Venture, SAIF Partners/Oriza Ventures, SJF Ventures and Voyager Capital.

Founded in 2010, Ayla operates an IoT platform for manufacturers to design and build connected products…

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