US-based Ayla gets $39m round for Asia expansion
Chinese boutique investment bank and asset manager Ants Capital has led a $39 million Series C round for Ayla Networks as the US-based internet-of-things (IoT) company consolidates its Asian footprint.
According to a statement, other participants in the round included Chinese lifestyle products manufacturer 3NOD, Japan's Mitsui and US-Asia cross-border firm Acorn Pacific Ventures. Previous Chinese...
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