# Ayla Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ayla-networks

- Industry: Electronics
- Headquarters: Milpitas, US
- Website: www.aylanetworks.com
- Total disclosed funding: $79M
- Latest round: Series E (Dec 6, 2021)
- Investors on record: 13

## About

Ayla Networks, Inc. specializes in delivering Internet of Things (IoT) solutions, focusing on smart home applications that enable seamless device integration and management for both users and service providers.Ayla Networks, Inc. was founded in 2010 and is headquartered in Milpitas, US. The company develops IoT solutions primarily for smart home applications. It has raised USD 20.00 mn in Series E funding as of December 6, 2021, led by Arrowroot Capital with participation from SJF Ventures, Trinity Natural Gas-Fired Facility, and Voyager Capital. The company has completed a total of five funding deals. The founders include Adrian Caceres, Phillip Chang, and Thomas Lee, and the current CEO is Jonathan Cobb.Ayla Networks delivers a comprehensive suite of Internet of Things (IoT) solutions primarily focused on smart home applications. Their core offerings facilitate the connection and management of a wide range of devices, enabling users to seamlessly integrate devices such as cameras, lights, and plugs into a unified smart home ecosystem. The platforms empower Internet Service Providers (ISPs) and manufacturers to launch smart home services that enhance customer relationships and generate recurring revenue. Ayla Networks provides support for multiple IoT platforms, strengthening privacy and security while allowing for innovative product differentiation. Their solutions are utilized by a diverse clientele, including major brands and retailers, primarily in North America and select international markets.Ayla Networks generates revenue through a combination of subscription services and partnerships with ISPs and device manufacturers. Their business model typically involves providing a platform for smart home solutions, where clients pay for access to the technology and ongoing support. This includes potential revenue streams from continuous software updates, device management fees, and integration services. Transaction structures may feature B2B agreements, where ISPs integrate Ayla's solutions into their offerings, thereby enabling them to provide smart home services to end consumers. The company benefits from its extensive experience since 2010, having facilitated over 250 billion transactions annually, which underscores its established presence in the market.In December 2021, Ayla Networks, Inc. raised USD 20.00 mn in Series E funding, which will be utilized to strengthen its strategic positioning in key IoT markets through incremental sales and marketing, product innovation, and geographic expansion. The company is focusing on developing new products to enhance its service offerings and is targeting specific markets for expansion, although details on these new products and regions have not been disclosed. The recent funding aims to support these initiatives effectively.

## Funding rounds

- Series E, Dec 6, 2021, $20M — Voyager Capital, SJF Ventures, Trinity Natural Gas-Fired Facility, Arrowroot Capital
- Series C, Jun 27, 2016, $39M — Voyager Capital, Crosslink Capital, Cisco Systems, SJF Ventures, SAIF Partners, IFC Asset Management Company, 3NOD Group, Linear Capital, Mitsui & Co., Acorn Pacific Ventures, ANTS Capital
- Series B, Apr 30, 2014, $15M — Voyager Capital, Crosslink Capital, Cisco Systems, SJF Ventures, SAIF Partners, IFC Asset Management Company, Linear Capital
- Series A, Mar 31, 2012, $5.4M — Voyager Capital, Crosslink Capital

## Investors

- Voyager Capital (https://capitalatlas.ai/funds/voyager-capital) — Series A, Series B, Series C, Series E
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A, Series B, Series C
- Cisco Systems — Series B, Series C
- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series B, Series C, Series E
- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series B, Series C
- IFC Asset Management Company (https://capitalatlas.ai/funds/ifc-asset-management-company) — Series B, Series C
- Linear Capital (https://capitalatlas.ai/funds/linear-capital) — Series B, Series C
- 3NOD Group — Series C
- Mitsui & Co. — Series C
- Acorn Pacific Ventures (https://capitalatlas.ai/funds/acorn-pacific-ventures) — Series C
- ANTS Capital — Series C
- Trinity Natural Gas-Fired Facility — Series E
- Arrowroot Capital (https://capitalatlas.ai/funds/arrowroot-capital) — Series E