IoT Platform Provider Ayla Networks Announces $39 Million in Series C Financing

Ayla Networks now has $39 million more to continue propelling the success of its global Internet of Things (IoT) platform for manufacturers. Ayla’s Series C financing round comes from a broad group of global investors led by Ants Capital, a boutique investment bank and asset management company with headquarters in China and investment interests in China, North America and Europe; co-led by 3NOD, a leading original design manufacturer (ODM) of smart lifestyle products; and joined by new investors Mitsui and Acorn Pacific. Existing Ayla 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 also reinvested in this financing round.