By Brian Kovalesky, StartUp Beat Editor
Today’s early-stage startup funding and acquisitions news:
Ayla Networks, an Internet of things platform, has secured $5.4 million in its first Venture funding round. Investors include Voyager Capital and Crosslink Capital. Sunnyvale-based Ayla provides a way to host devices like thermostats, appliances, and lights that have the company’s platform embedded in their chipsets, presumably making it easier to connect various devices. The company’s founding team includes Adrian Caceres, formerly of Amazon’s Lab126, where he was technical lead for the networking capabilities of the Amazon Kindle; Philip Chang and David Friedman, who both previously worked at ZeroG Wireless; and Thomas Lee, professor of electrical engineering at Stanford.
(Sources: Ayla Networks, GigaOm)
Vital Stats:
Website: www.aylanetworks.com
HQ: Sunnyvale, California
Founders: Adrian Caceres, VP of Engineering; David Friedman, CEO; Philip Chang, VP and GM Greater China; and Tom Lee
Investors: Voyager Capital, Crosslink Capital
Total Funding: $5.4 million
More funding news…
Thalmic Labs gets $14.5 million to build an interface that lets your biceps do the talking (via GigaOm)
Custom Goods Marketplace Makeably Raises $650K From Great Oaks, 500 Startups & Others, Shifts Focus To “Remixes” (via TechCrunch)
Seattle Start-up, Porch, Announces Giant $6.25MM Seed Round from Top Angels to Back the Internet’s Next Billion-Dollar Frontier — Get Early Access Today. (via company press release)
With $300K in its pocket, WeStudy.In launches to help Russians study abroad for cheap (via VentureBeat)
Science Is Raising A New $30 Million Fund To Back Its Startups And Others (via TechCrunch)
Delivery.com Acquires Online Laundry Services Startup Brinkmat To Expand Beyond Food Deliveries (via TechCrunch)
Intel Capital creates $100M fund to invest in perceptual computing (via VentureBeat)
Wochit’s DIY newsroom platform attracts $4.75M, former Reuters executive as CEO (via VentureBeat)
Signia Venture Partners forming $100M fund for mobile, gaming, ed-tech startups (via VentureBeat)
London’s going out app YPlan raises a $12M Series A round and says it will expand to NYC in 2013 (via The Next Web)
Bloomberg enters world of venture capital with $75M fund (via VentureBeat)
# # #
