Funding and Acquisitions Roundup: Ayla Networks lands $5.4M for its Internet of things platform

By Editor June 5, 2013

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:


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

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