Global IoT Platform Provider Ayla Networks Announces $60 Million in Series D Financing

PRESS RELEASE:Capital will be used to accelerate product and channel growthSANTA CLARA, Calif.–(BUSINESS WIRE)–November 2, 2017– Ayla Networks, the global leader in Internet of Things (IoT) platform-as-a-service (PaaS), today announced that it has raised $60 million in Series D financing led by Run Liang Tai Fund (RLT) and Sunsea Telecommunications Co. Ltd. The funding will be used to further expand Ayla’s product capabilities to help large enterprises extract IoT data an