Credit Union Journal
Are credit unions ready to do more than dip a toe into distributed ledger? While some are bullish on strong use cases for the industry, others are still skeptical about when — or even if — CUs will be willing and able to dive into blockchain.
For a manufacturer looking to bring a connected device to market, developing the necessary hardware features and backend support infrastructure can be a daunting task. Ayla Networks Inc. has carved out a niche for itself by helping to simplify the process.
Ayla Networks, a Sunnyvale, Calif.-based Internet of Things platform-as-a-service company, raised $60 million in Series D funding. Run Liang Tai Fund and Sunsea Telecommunications Co. Ltd led the round.
Ayla Networks, a Sunnyvale, Calif.-based IoT platform for manufacturers and service providers, has raised $60 million in Series D funding co-led by Run Liang Tai Fund and Sunsea Telecommunications Co.
Silicon Valley Business Journal
The CEO of the fast-growing Santa Clara startup talks about hiring plans and what's next following the new funding round, which was led by Chinese investors.
Kevin Tofel and I discuss the pup, San Diego’s smart city efforts, the Apple HomePod, and funding for Ayla’s IoT platform as a service.
Santa Clara, California-based Ayla Networks, a provider of a global internet of things platform for manufacturers, has secured $60 million in Series D funding. Run Liang Tai Fund and Sunsea Telecommunications Co. Ltd led the round.
Ayla Networks, the global leader in Internet of Things (IoT) platform-as-a-service (PaaS), today announced that it has raised $60 million in Series D financing led by Run Liang Tai Fund (RLT) and Sunsea Telecommunications Co. Ltd. The funding will be used to further expand Ayla’s product capabilities to help large enterprises extract IoT data and transform it into business intelligence, and to expand its ecosystem network of partners and application providers.
Rival telco China Unicom similarly signed an IoT collaboration deal with Ayla Networks in August that will see the them develop various consumer and enterprise solutions after the telco in June launched its Global IoT Connectivity Cooperation Initiative.
Stacey On IoT
Bluetooth gets some industrial cred with Ayla: The IoT platform provider Ayla Networks now lets companies use phones as an intermediary to get data from Bluetooth sensors to Ayla’s cloud-based IoT platform. This is a big deal for bringing Bluetooth sensors into the industrial space, something that several executives at plants and in enterprises seem keen to do.