Ayla Networks is an enterprise Internet of Things (IoT) platform provider based in Milpitas, Calif., that helps consumer brands and Internet service providers accelerate digital transformation. Led by CEO Jonathan Cobb, its software platform includes device, cloud, application, analytics and machine-learning capabilities to support the development and launch of differentiated connected products and services. The company powers IoT initiatives for brands including SharkNinja, Owlet, Canadian Tire, Kenmore, Hunter Fan, Fujitsu and Schneider Electric, and is deployed in some of the world’s largest ISPs. Ayla intends to use new financing to further its strategic positioning in key IoT markets through incremental sales and marketing, product innovation and geographic expansion. The reported $20M financing represents recent growth-equity capital to support these initiatives. Ayla Networks is a global Internet of Things (IoT) platform-as-a-service (PaaS) provider that helps manufacturers turn products into smart connected systems. Delivered as a cloud PaaS, the platform emphasizes security, privacy, data policy and management while offering a configurable capability to ingest data from any sensor or IoT cloud. Ayla says it has amassed more than 100 large enterprise customers and that data flowing into its platform is growing 5x year over year. Early focus markets included HVAC, large and small appliances, water management and home control, and the company has expanded into retail, industrial, telco and service provider, and medical markets. The company plans to use new funding to expand product capabilities to help large enterprises extract IoT data and transform it into business intelligence and to grow its ecosystem of partners and application providers. Ayla is headquartered in Santa Clara, Calif., and is pursuing accelerated growth in China through a partnership and joint venture with Sunsea Telecommunications. Ayla Networks delivers a cloud platform-as-a-service (PaaS) IoT solution that helps manufacturers turn products into smart connected systems. Its Agile IoT platform supports device, cloud and app environments and includes mobile tools such as the Ayla Agile Mobile Application Platform (AMAP), Ayla Insights and mobile beacon integration. Ayla has established IoT clouds in North America, China and Europe and holds an ICP license to operate in China with WeChat integration for user sign-in. The company has expanded globally with offices and operations in Santa Clara, Taiwan, Shenzhen and Japan and has doubled headcount in the past year. Ayla lists customers across appliances, HVAC, water heaters, fire and safety and other OEM categories, and reports expanded or new relationships with manufacturers including Changhong, Dimplex, Fujitsu General, Hunter Fan, Kidde, TCL and UTEC. Ayla Networks is a Sunnyvale, California-based provider of an agile Internet of Things (IoT) platform. Its platform enables companies to develop, support, and enhance smart connected solutions end-to-end and supports Wi‑Fi, Bluetooth, Zigbee, Linux, Android, iOS and others. Built-in analytics enable real-time learning and a virtual device management system lets manufacturers quickly react and modify products. Platform features include multi-tiered role-based access control, remote firmware update management, and customer service visibility tools. Ayla has partnerships with chip and system suppliers including Broadcom, Murata Americas, NXP, STMicroelectronics, and United Scientific Industrial Co. The company plans to use recent financing to expand its business in China and other emerging markets. Ayla Networks builds an ecosystem and platform for the Internet of Things that enables manufacturers of household products—appliances, thermostats, switches, refrigerators—to turn them into connected devices. Its platform comprises WiFi-enabled modules and IP gateways, a cloud service for hosting and managing devices, and application libraries meant to work together to minimize integration work for manufacturers and consumers. Ayla works directly with OEMs and chip makers to embed its software, charges manufacturers a one-time fee for connectivity, and hosts the Internet service on its cloud to enable scalable mass production. The company positions this business model as a differentiator from competitors that charge ongoing subscriptions, naming Arrayent, Electric Imp, Digi, and Cisco. Ayla launched out of stealth with $5.4 million in financing and announced its first major customer, Sina, which ships a WiFi weather station in China. The company is based in Sunnyvale, California, has 21 employees, and its leadership includes CEO David Friedman and cofounders Adrian Caceres, Tom Lee, and Phillip Chang.

Total raised

$139M

Funding rounds

5

Latest round

Equity

Latest activity

Dec 2021