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China Helps Internet Of Things Startup Ayla Raise $14.5M

| April 30, 2014

You may soon be able to use your smartphone to track how much water you’ve used in your home, check your insulin level or get a text when a smoke alarm goes off when you’re away.

Ayla Networks, an Internet of Things (IoT) platform provider focused on connecting devices to its cloud platform, announced today that it has closed a $14.5 million Series B financing round with new investments from Cisco and SAIF Partners, one of China’s largest venture capital firms. Other investors in this round included the International Finance Corporation, a member of the World Bank Group; Linear Venture; SJF Ventures; Crosslink Capital and Voyager Capital. Read more >>

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