Welcome!

IoT Expo Authors: Jason Bloomberg, Roger Strukhoff, Pat Romanski, Yeshim Deniz, Elizabeth White

News Feed Item

Ayla Networks Closes $14.5M Series B Financing to Fuel Global Expansion of Its Agile Internet of Things Platform

SAIF Partners, International Finance Corporation, and Cisco Join Existing Investors

SUNNYVALE, CA -- (Marketwired) -- 04/30/14 -- Ayla Networks, the leading Agile Internet of Things (IoT) Platform provider, announced that it has closed a USD $14.5 million Series B financing with new investments from Cisco; the International Finance Corporation, a member of the World Bank Group; Linear Venture; SAIF Partners, one of China's largest venture capital firms; and SJF Ventures. Existing investors Crosslink Capital and Voyager Capital also participated in the new funding round.

Ayla also unveiled plans to expand its business in China to enable manufacturers and others to deliver IoT products and services to businesses and consumers in that country.

"The Internet of Things is expanding at an increasing rate, and it is a global phenomenon," said David Friedman, co-founder and CEO of Ayla Networks. "Our customers have complex connectivity and data management challenges as they seek to sell products in any global market. Our mission is to seamlessly combine the right technologies so that manufacturers, service providers and others can build amazing products, ultimately implementing Agile IoT for greater customer value. We're very gratified with the support from our investors. This is only the start."

"The Internet of Everything represents a huge opportunity to create value as things, data, processes, and people become connected," said Rob Salvagno, vice president of Corporate Development at Cisco. "Ayla impressed us with the architecture, flexibility, and scale of its IOT platform, enabling customers to quickly deliver connected products and to make meaningful decisions from their data."

"Ayla has proven itself as a leader in the IoT market, winning some of the largest manufacturers with its innovative platform," said Ben Ng, general partner at SAIF. "The company has also established the right partnerships in China and adapted its platform to suit the Chinese market and help manufacturers create great consumer experiences."

The Series B financing brings the total raised by Ayla to approximately $20 million and is the latest milestone in a significant year of growth for the company. Ayla publicly unveiled its technology and business in June 2013. Since then, the company has established partnerships and combined solutions with several of the world's leading chip and system suppliers to the Internet of Things, including Broadcom, Murata Americas, NXP, STMicroelectronics, and United Scientific Industrial Co. The company also has collected design wins with leading manufacturers of solutions for residential fire and safety monitoring, thermostats and broader HVAC control, water treatment and management, door locks, and home control.

An Agile IoT Platform
Ayla's mission is to provide the world with the first truly agile platform for the Internet of Things. The proliferation of technologies and standards is creating challenges for manufacturers hoping to enter the market. Ayla achieves its high degree of flexibility through a seamless fabric of interconnected elements, including embedded agents for devices, cloud-based back-end infrastructure and services, and intelligent application libraries.

By adopting Ayla's technology, companies can quickly design and develop connected products, often by slightly modifying existing product lines. Ayla's platform is compatible with the widest possible variety of communication standards and OSes, including Wi-Fi, Bluetooth, Zigbee, Linux, Android, iOS and others. Enterprise-class security is assured through multi-layer authentication, encryption, and policy control managed through Ayla's cloud services and advanced operational portals.

Built-in analytics enable real-time learning and a virtual device management system allows manufacturers to quickly react to this learning and modify their products -- even after they are deployed in the field. Enterprise-class features include multi-tiered role based access control, remote firmware update management and customer service visibility tools.

A China Cloud
Ayla will use part of the Series B funding to expand its services in China. China's highly mobile consumers will have new and exciting ways to interact with the things all around them. Initial applications include lighting control, door and window monitors, and indoor air-quality management. Last year, SINA, the largest Chinese language web portal in the world, adopted Ayla's cloud platform for consumer devices. Ayla anticipates that its success in China will be replicated in other emerging markets.

"Universal access to the internet will allow people in developing countries to reduce emissions, save power and seize new business opportunities by more effectively harnessing technology," said Nikunj Jinsi, Global Head, IFC Venture Capital. "Ayla's platform complements many companies we work with in China, and other emerging markets, that are innovating and changing consumer behavior for the long term improvement of peoples' lives."

About Ayla Networks
Ayla Networks empowers manufacturers, service providers, and others to deliver great products for the Internet of Things. Headquartered in Sunnyvale, Calif., the company has developed the technology enabling Agile IoT for device makers to quickly and economically develop, support, and enhance smart connected solutions, end-to-end. Collaborating with leaders in electronics, embedded systems, industrial equipment, networking and consumer devices, Ayla is bringing the Internet of Things to the mainstream. For more, please contacts us at www.aylanetworks.com

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Cloud Expo Latest Stories
SYS-CON Events announced today that TechXtend (formerly Programmer’s Paradise), a leading value-added provider of server and storage virtualization, and r-evolution will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. TechXtend (formerly Programmer’s Paradise) is a leading value-added provider of software, systems and solutions for corporations, government organizations, and academic institutions across the United States and Canada. TechXtend is the Exclusive Reseller in the United States for r-evolution
Every healthy ecosystem is diverse. This is especially true in cloud ecosystems, where portability and interoperability are more important than old enterprise models of proprietary ownership. In his session at 15th Cloud Expo, Mark Baker, Server Product Manager at Canonical/Ubuntu, will discuss how single vendors used to take the lead in creating and delivering technology, but in a cloud economy, where users want tools of their preference, when and where they need them, it makes no sense.
The consumption economy is here and so are cloud applications and solutions that offer more than subscription and flat fee models and at the same time are available on a pure consumption model, which not only reduces IT spend but also lowers infrastructure costs, and offers ease of use and availability. In their session at 15th Cloud Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia, will discuss this shifting dynamic with an example of a top European Telco provider. Find out how they are leveraging the power of acloud-based consumption model services to offer more value to the mass market and enable a new revenue model that embraces the true meaning of the Third Industrial Revolution.
The emergence of cloud computing and Big Data warrants a greater role for the PMO to successfully manage enterprise transformation driven by these powerful trends. As the adoption of cloud-based services continues to grow, a governance model is needed to orchestrate enterprise cloud implementations and harness the power of Big Data analytics. In his session at 15th Cloud Expo, Mahesh Singh, President of BigData, Inc., to discuss how the Enterprise PMO takes center stage not only in developing the appropriate governance model but also in collaborating with key stakeholders to ensure a successful transformation.
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Cloudian is a Foster City, Calif.-based software company specializing in cloud storage. Cloudian HyperStore® is an S3-compatible cloud object storage platform that enables service providers and enterprises to build reliable, affordable and scalable hybrid cloud storage solutions. Cloudian actively partners with leading cloud computing environments including Amazon Web Services, Citrix Cloud Platform, Apache CloudStack, OpenStack and the vast ecosystem of S3 compatible tools and applications. Cloudian's customers include Vodafone, Nextel, NTT, Nifty, and LunaCloud. The company has additional offices in China and Japan.
In today's application economy, enterprise organizations realize that it's their applications that are the heart and soul of their business. If their application users have a bad experience, their revenue and reputation are at stake. In his session at 15th Cloud Expo, Anand Akela, Senior Director of Product Marketing for Application Performance Management at CA Technologies, will discuss how a user-centric Application Performance Management solution can help inspire your users with every application transaction.
Come learn about what you need to consider when moving your data to the cloud. In her session at 15th Cloud Expo, Skyla Loomis, a Program Director of Cloudant Development at Cloudant, will discuss the security, performance, and operational implications of keeping your data on premise, moving it to the cloud, or taking a hybrid approach. She will use real customer examples to illustrate the tradeoffs, key decision points, and how to be successful with a cloud or hybrid cloud solution.
Cloud computing started a technology revolution; now DevOps is driving that revolution forward. By enabling new approaches to service delivery, cloud and DevOps together are delivering even greater speed, agility, and efficiency. No wonder leading innovators are adopting DevOps and cloud together! In his session at DevOps Summit, Andi Mann, Vice President of Strategic Solutions at CA Technologies, will explore the synergies in these two approaches, with practical tips, techniques, research data, war stories, case studies, and recommendations.
The 16th International Cloud Expo announces that its Call for Papers is now open. 16th International Cloud Expo, to be held June 9–11, 2015, at the Javits Center in New York City brings together Cloud Computing, APM, APIs, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
14th International Cloud Expo, held on June 10–12, 2014 at the Javits Center in New York City, featured three content-packed days with a rich array of sessions about the business and technical value of cloud computing, Internet of Things, Big Data, and DevOps led by exceptional speakers from every sector of the IT ecosystem. The Cloud Expo series is the fastest-growing Enterprise IT event in the past 10 years, devoted to every aspect of delivering massively scalable enterprise IT as a service.
Hardware will never be more valuable than on the day it hits your loading dock. Each day new servers are not deployed to production the business is losing money. While Moore’s Law is typically cited to explain the exponential density growth of chips, a critical consequence of this is rapid depreciation of servers. The hardware for clustered systems (e.g., Hadoop, OpenStack) tends to be significant capital expenses. In his session at 15th Cloud Expo, Mason Katz, CTO and co-founder of StackIQ, to discuss how infrastructure teams should be aware of the capitalization and depreciation model of these expenses to fully understand when and where automation is critical.
Over the last few years the healthcare ecosystem has revolved around innovations in Electronic Health Record (HER) based systems. This evolution has helped us achieve much desired interoperability. Now the focus is shifting to other equally important aspects – scalability and performance. While applying cloud computing environments to the EHR systems, a special consideration needs to be given to the cloud enablement of Veterans Health Information Systems and Technology Architecture (VistA), i.e., the largest single medical system in the United States.
In his session at 15th Cloud Expo, Mark Hinkle, Senior Director, Open Source Solutions at Citrix Systems Inc., will provide overview of the open source software that can be used to deploy and manage a cloud computing environment. He will include information on storage, networking(e.g., OpenDaylight) and compute virtualization (Xen, KVM, LXC) and the orchestration(Apache CloudStack, OpenStack) of the three to build their own cloud services. Speaker Bio: Mark Hinkle is the Senior Director, Open Source Solutions, at Citrix Systems Inc. He joined Citrix as a result of their July 2011 acquisition of Cloud.com where he was their Vice President of Community. He is currently responsible for Citrix open source efforts around the open source cloud computing platform, Apache CloudStack and the Xen Hypervisor. Previously he was the VP of Community at Zenoss Inc., a producer of the open source application, server, and network management software, where he grew the Zenoss Core project to over 10...
Most of today’s hardware manufacturers are building servers with at least one SATA Port, but not every systems engineer utilizes them. This is considered a loss in the game of maximizing potential storage space in a fixed unit. The SATADOM Series was created by Innodisk as a high-performance, small form factor boot drive with low power consumption to be plugged into the unused SATA port on your server board as an alternative to hard drive or USB boot-up. Built for 1U systems, this powerful device is smaller than a one dollar coin, and frees up otherwise dead space on your motherboard. To meet the requirements of tomorrow’s cloud hardware, Innodisk invested internal R&D resources to develop our SATA III series of products. The SATA III SATADOM boasts 500/180MBs R/W Speeds respectively, or double R/W Speed of SATA II products.
As more applications and services move "to the cloud" (public or on-premise) cloud environments are increasingly adopting and building out traditional enterprise features. This in turn is enabling and encouraging cloud adoption from enterprise users. In many ways the definition is blurring as features like continuous operation, geo-distribution or on-demand capacity become the norm. NuoDB is involved in both building enterprise software and using enterprise cloud capabilities. In his session at 15th Cloud Expo, Seth Proctor, CTO at NuoDB, Inc., will discuss the experiences from building, deploying and using enterprise services and suggest some ways to approach moving enterprise applications into a cloud model.