On June 29th, AylaNetwroks Ayla Realtek announced today that it has officially completed the $39 million Series C financing and will continue to promote its successful operation of the Internet of Things (IoT) platform for manufacturers. Ayla's round of financing is funded by an asset management organization headquartered in China, but with investments in Europe, the United States, and focusing on emerging industry mergers and acquisitions, and a leading provider of smart lifestyle products, with smart life at its core. The platform-based industry investment group Sannuo Group has jointly led the investment, while also attracting a series of global investors, including the Japan Mitsui Foundation and Acorn Pacific. In addition, this round of financing has also attracted Ayla's existing investors to re-invest, including Cisco Cisco, Safran Asia Fund / Oriza Ventures, Linear Capital Linear Venture, International Finance Corporation IFC (World Bank Group), cross-linking capital Crosslink Capital, SJF Venture Capital SJF Ventures and Voyager Capital.
Yin Min, Managing Capital Management Partner, said: Anci Capital focuses on leading platforms in specific market segments and investments in successful companies, and the Internet of Things will lead to a new generation of successful companies. We invested in Ayla because Ayla has achieved unparalleled growth in China and the global market with its world-leading IoT platform. Ayla's strategy and IoT platform fits well with the direction of global manufacturing companies.
Ayla CEO and co-founder David Friedman said: Ayla is rapidly becoming the Internet of Things platform of choice for IoT products manufacturers worldwide. Ayla has deployed the Internet of Things cloud in many parts of the world, and major customers in all regions of the world are using Ayla's strength to expand their IoT product line. In Ayla's view, the Internet of Things era has arrived. Ayla has the ability to help manufacturers incite growing networking products
Rapid growth in customer base and total number of employees
In many markets such as home appliances, residential and commercial heating and ventilation systems (HVAC), water heaters, water softeners, home fire and security products, Ayla has grown to become the number one provider of IoT platform manufacturers. Over the past year, Ayla has reached or expanded partnerships with manufacturing customers in a variety of sectors, including Changhong, Timples Dimplex, Fujitsu General, Hampton Brinks, Hunter Fan, Kidde, LockState, Ozner, TCL, Hisense and United Technologies Electronic Controls (UTEC).
In just one year, the total number of Ayla employees has doubled. As the workforce continues to grow, in order to provide sufficient office space, Ayla recently moved its US headquarters to a new office in Santa Clara, Calif., with an office area of ​​34,000 square feet.
At the forefront of the IoT market
Tom Kerber, research director at Parks Associates, said: We are at a critical time in the explosion of technology. In the next few years, with the continuous development of Internet of Things technology, each of us will be equipped with a series of connected devices at home and on the body. To achieve this, networked product manufacturers need to overcome the complexity of the Internet of Things. Both manufacturers and investors are aware of the value of a secure, flexible, scalable and cost-effective IoT platform. This IoT platform not only meets the needs of today's market, it also delivers value throughout the lifecycle of a networked product.
Ayla CEO Friedman said: The Internet of Things market is like a rocket ship, which has achieved rapid development in recent months. A year ago, manufacturers simply wanted to build networking products. Now, these manufacturers have found that they can leverage the data generated by IoT products to transform their business.
Further expansion of the Ayla IoT ecosystem and platform technology
Ayla enhances and expands its partnerships, including greatly simplifying the development of smart home systems and solutions to expand the ecosystem of connected products, and reaching an open cloud partnership with Zonoff; working with smart energy management company Encycle (formerly known as Regen) to develop energy-efficient IoT solutions for manufacturers; to develop collaborative development projects with Renesas Electronics USA; and announced an alliance with Amazon Global Cloud Services AWS as an All-In partner.
At the same time, over the past year, Ayla has expanded its IoT platform offerings, launching the Ayla Agile Mobile Application Platform (AMAP) and the big data analytics platform Ayla Insights. Ayla's Agile Mobile Application Platform (AMAP) accelerates the development of mobile device mobility controls, while Ayla Insights is a new IoT platform service that transforms IoT product data into business intelligence that enables manufacturers to take action. In addition, Ayla also launched mobile beacon technology, which automatically launches the mobile application of the networked product when the user's smartphone is close to the networked product using mobile beacon technology.
The global Internet of Things business continues to grow
Ayla has now established IoT clouds in North America, China and Europe. In China, Ayla is the only international IoT platform licensed by Internet Content Provider (ICP). The platform is integrated with WeChat to support WeChat login, allowing users to control multiple smart homes and smarts through an application. Health and other IoT lifestyle products.
In 2016, Ayla officially entered the Japanese market and set up an office in Shin-Yokohama. It plans to launch the fourth Ayla IoT cloud service to support Asian regions such as Japan. In addition, the company announced the establishment of several important partnerships, including Macnica, its first representative in Japan, and Revsonic, its initial engineering services and ODM partner in Japan. In addition, Ayla has expanded its partnership with module manufacturer Murata and microcontroller provider Renesas to the Japanese market, while successfully developing customer Fujitsu and another leading Japanese manufacturer.
Previously, Ayla established a branch office in Taiwan, recruiting talents in sales, R&D, and channel business development. In addition, Ayla has expanded its business operations in Shenzhen to provide better service to Chinese equipment manufacturers.
Friedman said: Ayla has developed into a trusted global IoT expert. Ayla's agile IoT platform enables manufacturers to build products into intelligent networking systems and transform their business to compete in the interconnected world of changing game rules. And stand still. We are very pleased to be able to enter the new era of networking products with manufacturers and customers. Thanks to the trust of new and old investors, we will continue to help manufacturers seize things through our global deployment of IoT cloud services and professional technical strength. New opportunities in the age of networking.
Helping China's manufacturing to lead the international smart market
As the world's most promising IoT market, Ayla attaches great importance to the development of China's business. Since Ayla established a branch office in Silicon Valley, China in 2014, in just over a year, it has cooperated with well-known domestic appliance manufacturers such as TCL, Changhong and Hisense to provide international IoT cloud platform business support. There are more well-known manufacturing brands with international intelligence needs to actively seek business negotiations.
After this round of financing, Ayla will continue to focus on the Top20 manufacturing companies in various industries, continue to focus on the enterprise level in the IoT platform solutions, and accelerate the vertical field layout and improve the ecosystem construction. Promote the landing of the Internet of Things in the traditional manufacturing of China, and add new competitiveness to the Chinese arena for the Chinese manufacturing industry.
At this stage, Ayla has successfully implemented in many vertical fields such as home appliances, HVAC, water purification, lighting, etc. In the future, in China, it will continue to deepen its research in vertical fields, such as exploring smart hotels and smart properties. A more open mindset cooperates with China's Internet of Things industry chain enterprises and integrators to promote the landing of Wisdom in people's lives through the synergy effect of the entire industry chain.
Ayla co-founder and president of China, Phillip Zhang Nanxiong, said that at a time when the global industrial landscape is undergoing major changes, Chinese companies are also repositioning in the global market, and the cost advantages of China's manufacturing in the past are also disappearing, facing increasingly fierce competition and The challenge, the manufacturing upgrade driven by the Internet of Things, and the transformation of product and service models and business models have become the focus of most brand manufacturers. Ayla is like an ocean-going tanker, providing valuable shipping tickets for Chinese hardware manufacturers on their journey to the global IoT market, allowing Chinese hardware manufacturers to sail to a farther, broader future. .
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