Cisco joins investment round for Ayla

Ayla Networks, which provides services for the Internet of Things, has raised $14.5 million in a Series B round from Cisco, the International Finance Corporation (IFC), Linear Venture, SAIF Partners, SJF Ventures and existing investors Crosslink Capital and Voyager Capital. Sunnyvale, Calif.-based Ayla, which provides a cloud-based platform for connecting devices and appliances, has now raised about $20 million in total funding. As part of the latest round, Peter Cook of IFC and Ben Ng of SAIF Partners have joined the board.

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