Ayla Networks said June 27 it raised $39 million in Series C financing led by Ants Capital. Other investors include 3NOD, 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. Santa Clara, California-based Ayla provides a global Internet of Things (IoT) platform for manufacturers.
Source: Business Wire