Ayla Networks is a technology company developing a platform as a service (PaaS) for managing internet of things (IoT) devices.
On June 27, 2016 Ayla Networks announced raising $39 million in series C funding from Ant Capital Partners (lead investor), Voyager Capital, TMD Ventures, SJF Ventures, Oriza VenturesOriza Ventures, Misui & Co, Linear Venture, IFC Venture Capital Group, Crosslink Capital, and Cisco Investments. The managing partner of Ant Capital Partners, Yin Min, made the following statement regarding the firms decision to lead the series C round of Ayla Networks:
